CCertihomes
12 School St, Dedham, MA 02026

$899,900

0 beds 2 baths 1,920 sqft Built 1856Active

About this home

Rare opportunity to own a majestic 2 unit professional office building located in the heart of historic Dedham Square. This is a unique property that offers tremendous potential and opportunity. The first floor unit consists of 4 rooms, a half bath and rear porch. The second floor unit features a full bath, as well as 5 additional rooms including a small kitchen area and rear porch. There are curb cuts on both Washington St and School St that lead to a paved parking lot for 6 cars behind the building. Updates include separate 100-amp electrical services, natural gas heat and hot water system, windows, roof, driveway and parking lot. The property is located in the opportunity filled Central Business Zoning District. Potential uses in the CB district include 2-family, mixed-use, medical office, business/professional office, small retail business, personal service establishment or general service establishment. 1st floor is owner occupied and 2nd floor is rented at TAW for $1, 800/month.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$6,529/mo

Real estate (PITI + HOA + PMI)
$6,400
Principal + interest$4,081
Property tax + insurance$1,982
PMI / 2nd mortgage$337
Utilities
$484
Heating + cooling$80
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$158
$6,529/mo TLC
Budget$7,029/mo
Remaining after TLC$500/mo
Purchase price
$899,900
Down payment
$44,995 (5%)
Loan amount
$854,905
APR
4%

Quick facts

Type
COM
Style
Year built
1856
Lot size
0.13 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$13,217
MLS #
73238780
County
Norfolk

Neighborhood — 02026

MetricThis ZIPCountyUSA
Population23,8376,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density2,234786
Male11,5873,127,134147,432,321
Female12,2503,317,797151,655,844
Never Married4,9801,612,88563,775,926
Married10,5632,586,314123,120,365
Separated1,271247,85712,639,686
Widowed1,526363,59415,467,586
Divorced1,253436,88823,075,029
Number Of House Hold8,7622,431,591111,826,380
Average House Hold Size2.622.562.60
Medial Age40.9437.2535.46
Median House Hold Income$72,169$57,698$48,276
Average House Hold Income$85,173$75,023$63,629
P C I$32,771$29,196$24,529
M D I$58,634$48,105$41,133
A T H E$62,774$57,083$50,898
S T R5.00%5.00%
W C J81.18%81.38%77.74%
(Zip) Code
2026

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 5/15/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.