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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

More Info

Basic Information

  • Gross Income $90,240
  • Lot Features Corner Lot
  • Mls StatusActive
  • Rent Includes Unit 1(Water), Unit 2(Water, Other (See Remarks))

Tax Information

  • Tax Assessed Value $782,100
  • Tax Year 2025
  • Taxes$9,870

School Information

  • Elementary SchoolAvery
  • High SchoolDedham
  • High School Dedham
  • Junior HighDedham

Parking

  • Parking Features Off Street
  • Parking Spaces4

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms6
  • Full Bath2

Basic Information

  • List Price$1,050,000
  • MLS Number73517070
  • Modification Date05/16/2026
  • Property SubTypeMulti Family

Location

  • Address427-429 High Street
  • Building Number427-429
  • CountyNorfolk
  • StateMA
  • StreetHigh Street
  • TownDedham
  • Zip02026

Building

  • BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 5
  • Rooms10
  • Stories5
  • Units2
  • Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
  • Year Built1910
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.12

Interior

  • Flooring Wood, Laminate, Hardwood
  • Interior Features
    • Dining Room
    • Family Room
    • Kitchen
    • Laundry Room
    • Living Room
    • Remodeled
    • Studio

Utilities

  • Cooling Multi Units, Ductless, Heat Pump
  • Cooling YN Yes
  • Electric Circuit Breakers,200+ Amp Service
  • Heat SystemYes
  • Heating Heat Pump, Electric, Ductless
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,382
  • Lot Size Square Feet 5,320
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,382

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Other

  • Date Listed05/12/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by The Cobi Team of William Raveis R. E. & Home Services

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