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.
12 School St, Dedham, MA, 02026
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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