$1,529,000

29 Ridgewood St Boston, MA 02122

$10,000
Closing credit¹
13 beds
3 full
3,906 sqft
0.09 acres
$391 / sqft
Multi-Family

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

Home typeMulti Family
StatusActive
Size3,906 sqft
Lot size0.09 Acres
Year built1905
ParkingPaved Drive
MLS #73355844
Garage2 spaces
WaterfrontBeach

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

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front of home with a balcony and covered porch

$1,529,000

29 Ridgewood St

$10,000

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

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.

How much money do the neighbors make?

23%
<35k
59%
35k-100k
17%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

37%
Single, No Kids
35%
Single, with Kids
11%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
30%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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