#73310681, Markese Daise, Listing Office: Stony Brook & Lennox Realty Advisors
29 Ridgewood St Boston, MA 02122
Property details
About 29 Ridgewood St
Unique investment opportunity! Massive 3 family with 13 Bdrs and 8.5% CAP rate. All units are deleaded. This is a true cash cow, offering outstanding rental income and long-term value. Tenants pay all utilities. Perfect for 1031 exchange, long term rental income, owner occupant or condo conversion. All units are sunny, bright, have front and back porches and recently renovated with granite kitchens, tiled bathrooms. All utilities are split. The TPO roof is 7 yo. Lots of system updates. New water tanks. Some appliances are brand new. 2 car garage and parking in the back. Additional income from parking. 5 min walk to the Red Line. Situated just moments from I-93, UMASS, and downtown Boston, this property provides unbeatable access to major transportation routes, popular educational institutions, and the city's vibrant business district. Don’t miss out on this rare opportunity to own a top-tier investment property in the city of Boston.
Highlights
Summary
- MLS Number: 73355844
- MLS Name: MLS Property Information Network
- Office Name: ERA Cape Real Estate, LLC
- Office Phone: (508) 394-6588
- Listing Agent: Galina Barry
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Last updated on: 4/13/2025, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,529,000
29 Ridgewood St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Up Academy Holland
Public District PK-5
0.5 mi
•85 Olney St
4
Mather Elementary School
Public District PK-5
0.5 mi
•24 Parish St
3
Oliver W. Holmes Elementary School
Public District PK-5
0.6 mi
•40 School St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,569. Most Boston, MA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 29 Ridgewood St in Boston, MA and zip code 02122 in the Dorchester neighborhood. This 3,906 square foot home, which was built in 1905, sits on a 0.09 acre lot. Features: 13 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $1,529,000.
In March 2025 more than 99 listings in Boston, MA were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 134 were sold below. In March 2025 in Boston, MA there were 29.2% more homes for sale than in February. In March 2025 median list price was $835,709 and the average listing age was 42 days.