427 High St Dedham, MA 02026
East Dedham NeighborhoodEstimated payment $6,506/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
| 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
| 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
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Ask me questions while you tour the home.