$1,000,000
SOLD APR 9, 2025

31 Central Ave Dudley, MA 01571

16 Beds
6 Baths
5,197 Sq Ft
8,276 Sq Ft

Recently Sold

$192 Per Sq Ft

9% Above List Price

5 Days on Market

Highlights

  • Deck
  • Upgraded Countertops
  • Bathtub with Shower
  • Wood Flooring
  • Window Unit Cooling System
  • Living Room

About This Home

As of April 2025

OFFER DEADLINE - SUNDAY 5 PM - A Rare Investment Powerhouse! The future of Dudley's investment market is here with this high-performing, fully occupied 6-unit property. A true cash-flow machine, generating over $10K per month in market and above-market rents! Professionally managed and meticulously renovated, this turnkey asset is built for strong, immediate returns. Each unit has been updated in recent years, featuring modern flooring, cabinetry, countertops, and fresh paint, making it an easy, low-maintenance investment. With fully separated utilities, newer heating and hot water systems, and strong leases, this is the definition of passive income. 31 Central consists of 4 generously sized three bed units and two additional 2 bed units, a recently renovated coin-op laundry room with 6 hookups, and a huge back lot providing ample off-street parking for 12+ cars, making it an extremely rare find in the area. Current prop. mgmt company would love to continue to manage here!

Last Agent to Sell the Property

Henry Rowe

Byrnes Real Estate Group LLC Listed on: 02/04/2025

Co-Listed By

Matthew Santurri

Byrnes Real Estate Group LLC

Last Buyer's Agent

Henry Rowe

Byrnes Real Estate Group LLC Listed on: 02/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 1890

Lot Details

  • 8,400 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 5,197 Sq Ft Home
  • Living Room
  • Storage
  • Electric Dryer Hookup

Kitchen

  • Range
  • Upgraded Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Block Basement Construction

Parking

  • 20 Car Parking Spaces
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 6 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • Separate Meters

Additional Features

  • Energy-Efficient Thermostat
  • Deck

Listing and Financial Details

  • Total Actual Rent $9,900
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 3838067

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Operating Expense $19,956
  • Net Operating Income $101,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,399

Year Built

Built in 1890

Lot Details

8,400 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Levels: 11
  • Year Built Details: Approximate,Renovated Since
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Varies, Hardwood, Wood, Stone/Ceramic Tile
  • Interior Amenities: Remodeled, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 16
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Electric Dryer Hookup
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Dirt Floor, Concrete
  • Above Grade Finished Sq Ft: 5197
  • Living Area: 5197
  • Spa YN: No
  • Stories Total: 11
  • MAIN LO: AN7224
  • MAIN SO: AN7224

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 20

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Varies per Unit
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas, Individual, Unit Control, Forced Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3838067
  • Zoning: B15
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8400
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5399

Multi Family

  • Net Operating Income: 101244
  • Number Of Units Total: 6
  • Operating Expense: 19956
  • Total Actual Rent: 9900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2025 04/09/25 Sold $1,000,000 +8.8% $192 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $919,000 -- $177 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,399 $510,800 $65,100 $445,700
2024 $4,619 $440,700 $61,700 $379,000
2023 $4,154 $408,900 $57,000 $351,900
2022 $4,848 $414,400 $50,000 $364,400
2021 $4,792 $389,600 $46,600 $343,000
2020 $4,643 $355,500 $43,200 $312,300
2019 $4,014 $297,300 $43,200 $254,100
2018 $2,985 $254,500 $43,200 $211,300
2017 $2,407 $201,600 $43,200 $158,400
2016 $2,427 $199,300 $41,100 $158,200
2015 $2,414 $196,900 $38,700 $158,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73332010

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.