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Home Massachusetts Dorchester Multi-Family Homes for Sale

693-691 Dudley St Boston, MA 02125
9 Days on Boardwalk Properties
12
693-691 Dudley St, Boston, MA 02125
View Map
$2,400,000
4 Unit
8 Beds
4 Baths
4639 SQFT
0.05 Acre

Property Description

IF YOU'RE AN INVESTOR LOOKING TO BUILD, OR ADD A PROPERTY TO YOUR PORTFOLIO, LOOK NO FURTHER. THIS PROPERTY COMES WITH 4 RESIDENTIAL UNITS ON THE UPPER LEVELS AND A MASSIVE COMMERCIAL UNIT ON THE GROUND LEVEL. IT ALSO INCLUDES THE LOT TO THE RIGHT OF IT KNOWN AS 691 DUDLEY ST WHICH COULD POSSIBLY ADD OFF ST PARKING OR POTENTIALLY BUILD A BIGGER BUILDING. THE PROPERTY IS CURRENTLY FULLY RENTED, ALL UTILITIES ARE SEPARATED, THE OWNER RECENTLY HAS INSTALLED A SPRIKNLER SYSTEM THROUGHOUT THE ENTIRE BUILDING WITH NEW ALARM AND A SURVEILLANCE SYSTEM. MANY NEW UPDATES HAVE BEEN DONE THROUGH ALL APARTMENTS. THE PROPERTY IS CURRENTLY BRINGING IN $13500 PER MONTH WITH RENTS UNDER MARKET VALUE. THE COMMERCIAL SPACE CURRENTLY KNOWN AS "DUDLEY FOOD MART" HAS A 5 YEAR LEASE. OWNER HAS OWNED BOTH PROPERTIES FOR 22 YEARS, AND IS READY FOR RETIREMENT.
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Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Basement Features: Bulkhead, Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Lead Certification Available, Security System
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 164400
  • Gross Expenses: 14000
  • INSC: 14000
  • Net Operating Income: 131000

Utilities

  • Electric Info: 110 Volts, On-Site
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1931
  • Type: 4 Family - 4 Units Up/Down
  • Foundation Info: Fieldstone
  • Flooring Type: Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73315512
  • Last Updated: 11/29/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/29/2024Active$2,400,000$517MLSPIN
11/25/2024New$2,400,000$517MLSPIN
10/04/2024Expired$2,600,000$560MLSPIN
07/15/2024Active$2,600,000$560MLSPIN
07/11/2024New$2,600,000$560MLSPIN

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Map

Seller's Representative: Erin Peckham, Bridge Realty
Sub Agent Compensation: 2
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: Yes

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-11-29 03:05:00

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