$1,200,000
SOLD MAY 28, 2025
6 Beds
6 Baths
3,522 Sq Ft
3,718 Sq Ft Lot

Recently Sold

$341 Per Sq Ft

8% Below List Price

10 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Dedham High School Rated A-
  • Property is near public transit
  • Tennis Courts

About This Home

As of May 2025

362-364 East Street Dedham is a 6 unit multifamily investment property located in the heart of Dedham. The property is comprised entirely of 1 bedroom / 1 bath units while the second floor apartments feature an additional room perfect for a home-office. The building offers a great value-add opportunity for an investor to capture significant rental increases through unit renovations. Some recent upgrades are the roof, full fire alarm system, and new gas steam boiler. The tenants pay their own electricity costs and gas cooking while the landlord pays water/sewer, heat and hot water. East Street lies in a perfect location to all the nearby shopping, dining, and entertainment amenities.

Last Agent to Sell the Property

Tony Pepdjonovic

Marcus & Millichap Real Estate Investment Services Listed on: 03/10/2025

Last Buyer's Agent

Tony Pepdjonovic

Marcus & Millichap Real Estate Investment Services Listed on: 03/10/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,798

Year Built

  • Built in 1890

Home Design

  • 3,522 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Porch
  • 3,718 Sq Ft Lot
  • 60 Amp Service
  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $6,500

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $41,264
  • Net Operating Income $80,536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,798

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1890
  • Levels: 7
  • Year Built Details: Approximate
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood, Carpet
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 3522
  • Living Area: 3522
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN1252
  • LIST PRICE PER Sq Ft: 369.11
  • PRICE PER Sq Ft: 340.72
  • MAIN SO: AN1252

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Electric: Circuit Breakers, 60 Amps/Less
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3718
  • Lot Size Units: Acres
  • PAGE: .

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 12798
  • Tax Book Number: .

Multi Family

  • Gross Income: 121800
  • Net Operating Income: 80536
  • Number Of Units Total: 6
  • Operating Expense: 41264
  • Total Actual Rent: 6500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Sold $1,200,000 -7.7% $341 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $1,300,000 -- $369 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73345305

MLS Property Information Network (MLS PIN)