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$1,050,000
Total Beds: 6 Total Baths: 2
Total Units: 2 SQFT: 2382
LOT size: 0.12 Acres
427-429 High St
Dedham, MA 02026
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Property Description

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

Building Information

  • Total Units: 2
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, Laundromat, Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Interior Access, Partially Finished, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Common Interior Features: Studio
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Common, Ductless Mini-Split System, Electric, Forced Air, Heat Pump, Space Heater, Steam
  • Common Cooling: Heat Pump

Financial

  • APOD Available: Yes
  • Gross Operating Income: 90240
  • Gross Expenses: 6600
  • Water/Sewer: 3600
  • INSC: 3000
  • Net Operating Income: 83640

Utilities

  • Heat Zones: 10
  • Cooling Zones: 10
  • Electric Info: 200 Amps, Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 3

Unit 2 Description

  • Included in Rent: Other (See Remarks), Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1910
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Flooring Type: Hardwood, Laminate, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73517070
  • Last Updated: 05/16/26

Mortgage Calculator

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Map

Seller's Representative: The Cobi Team, William Raveis R. E. & Home Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2026-05-16 03:05:00

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