693-691 Dudley St Boston MA 02125 MLS #73315512

693-691 Dudley St
Boston, MA, 02125
$2,400,000
8 Beds
4 Baths
4,639 SqFt
0.05 Acres
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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.

Property Details

Price:
$2,400,000
MLS #:
73315512
Status:
Active
Beds:
8
Baths:
4
Address:
693-691 Dudley St
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
City:
Boston
Listed Date:
Dec 26, 2024
State:
MA
Finished Sq Ft:
4,639
Total Sq Ft:
4,639
ZIP:
02125
Lot Size:
2,178 sqft / 0.05 acres (approx)
Year Built:
1931
Units:
4
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Schools

Interior

Appliances
Dishwasher, Refrigerator, Range
Bathrooms
4 Full Bathrooms
Flooring
Wood
Heating
Natural Gas

Exterior

Parking Features
On Street

Financial

Net Operating Income
$131,000
Tax Year
2024
Taxes
$10,348

Map

Community

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