**Attention Investors**. Discover the potential of 6 Victoria Terrace, a two-family property in a quiet yet convenient Dedham location. Each unit offers 2 bedrooms, 1 bathroom, and 1,218 sq. ft. of living space, perfect for rental income or comfortable living. With close proximity to Dedham Square, Legacy Place, public transportation, and major highways, this property appeals to tenants and owner-occupants alike. While some updating is needed, it presents an excellent opportunity to add value and build equity. Features include a backyard, off-street parking, and a flexible layout ideal for investors or those looking to occupy one unit and rent the other. Don’t miss this chance to customize and capitalize on Dedham’s competitive real estate market. Schedule your showing today!
Investment opportunity in Dedham, MA! This legal 3-family home with a 4th tenant offers excellent rental income history and incredible potential for growth. Each unit boasts 2 bedrooms, with the second unit offering potential to be converted into a 3-bedroom for added value. All units feature hardwood floors, high ceilings and great condition The property updates include a rewired electrical system, updated heating, newer hot water tanks, windows and roof. With long-term tenants and rents currently below market value, the cap rate is 5.4% but can potentially increase. Are you an owner occupant? This is for you. Live in one unit and let the other units pay for your mortgage. A large lot, part of which is zoned for business, accommodates 10+ cars. The brand-new porch adds to the home's appeal. Common laundry in the basement. Don’t miss this chance to own a well-maintained property in a prime location!
Dedham is located in Massachusetts. Dedham, Massachusetts has a population of 25,308. Dedham is less family-centric than the surrounding county with 30.53% of the households containing married families with children. The county average for households married with children is 36.79%.
The median household income in Dedham, Massachusetts is $108,047. The median household income for the surrounding county is $112,089 compared to the national median of $69,021. The median age of people living in Dedham is 43.1 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 48.6 inches per year, with 46.7 inches of snow per year.
