427 High St Dedham, MA 02026
East Dedham NeighborhoodEstimated payment $6,462/month
Highlights
- Property is near public transit and schools
- Corner Lot
- Living Room
- Wood Flooring
- Ductless Heating Or Cooling System
- Park
About This Home
Exceptional investment opportunity in the heart of Dedham! This duplex-style two-family property offers strong income potential with one spacious 3-bedroom unit and one large 4-bedroom unit, currently generating nearly 90K annually. Both units feature major recent upgrades including brand-new high-efficiency mini-split heating & cooling systems, upgraded electrical panels, and newer water heaters. The property has seen approximately 150K in capital improvements in recent years. Both basements are approximately 90% finished, offering an additional 1,100+ sq ft of potential living space with endless possibilities for extra bedrooms, bathrooms, laundry, home offices, studios, or potential additional rental expansion. Conveniently located just a 5-minute walk to Dedham Center, commuter rail, restaurants, shopping, and public transportation, with easy access to highways, Legacy Place, and downtown Boston. A rare opportunity for investors or owner-occupants seeking strong cash flow
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,870
Year Built
- Built in 1910
Lot Details
- 5,320 Sq Ft Lot
- Corner Lot
Home Design
- Studio
- Stone Foundation
- Frame Construction
Interior Spaces
- 2,382 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Range
- Washer and Electric Dryer Hookup
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Open Parking Spaces
- 4 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit and schools
Schools
- Avery Elementary School
- Dedham Middle School
- Dedham High School
Utilities
- Ductless Heating Or Cooling System
- 10 Cooling Zones
- 10 Heating Zones
- Heat Pump System
- 200+ Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water other (see remarks))
- Tax Lot 0022
Community Details
Overview
- 2 Units
- Property has 3 Levels
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Insurance Expense $3,000
- Water Sewer Expense $3,600
- Operating Expense $6,600
- Net Operating Income $83,640
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,870 | $782,100 | $317,700 | $464,400 |
| 2024 | $9,195 | $735,600 | $288,200 | $447,400 |
| 2023 | $8,681 | $676,100 | $260,900 | $415,200 |
| 2022 | $8,416 | $630,400 | $245,000 | $385,400 |
| 2021 | $8,120 | $594,000 | $226,900 | $367,100 |
| 2020 | $7,709 | $561,900 | $226,800 | $335,100 |
| 2019 | $7,211 | $509,600 | $197,300 | $312,300 |
| 2018 | $7,089 | $487,200 | $174,900 | $312,300 |
| 2017 | $6,223 | $421,600 | $163,900 | $257,700 |
| 2016 | $6,343 | $409,500 | $151,800 | $257,700 |
| 2015 | $6,026 | $379,700 | $144,400 | $235,300 |
| 2014 | $5,806 | $361,100 | $141,800 | $219,300 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | For Sale | $1,050,000 | +25.0% | $441 / Sq Ft | |
| 04/04/2024 04/04/24 | Sold | $840,000 | +5.0% | $353 / Sq Ft | View Prior Sale |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- | |
| 02/21/2024 02/21/24 | For Sale | $799,900 | -- | $336 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $160,000 | -- | |
| Deed | $160,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,389 | No Value Available | |
| Closed | $156,953 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73517070
APN: DEDH-000094-000000-000022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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