Sold for $1,000,000

$1,000,000

31 Central Ave, Dudley, MA 01571

16beds

5,197sqft

5-9 Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$192/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$6,308/mo

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$6,308/mo

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What's special

Huge back lotModern flooringAmple off-street parkingFresh paint

OFFER DEADLINE - SUNDAY 5 PM - A Rare Investment Powerhouse! The future of Dudley's investment market is here with this high-performing, fully occupied 6-unit property. A true cash-flow machine, generating over $10K per month in market and above-market rents! Professionally managed and meticulously renovated, this turnkey asset is built for strong, immediate returns. Each unit has been updated in recent years, featuring modern flooring, cabinetry, countertops, and fresh paint, making it an easy, low-maintenance investment. With fully separated utilities, newer heating and hot water systems, and strong leases, this is the definition of passive income. 31 Central consists of 4 generously sized three bed units and two additional 2 bed units, a recently renovated coin-op laundry room with 6 hookups, and a huge back lot providing ample off-street parking for 12+ cars, making it an extremely rare find in the area. Current prop. mgmt company would love to continue to manage here!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard, Natural Gas, Individual, Unit Control, Forced Air

Cooling

Window Unit(s)

Appliances

Included: Range, Refrigerator
Laundry: Electric Dryer Hookup

Features

Remodeled, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
Flooring: Tile, Vinyl, Carpet, Varies, Hardwood, Wood, Stone/Ceramic Tile
Basement: Full,Partially Finished,Walk-Out Access,Interior Entry,Sump Pump,Dirt Floor,Concrete
Has fireplace: No

Interior area

Total structure area: 5,197
Total interior livable area: 5,197 sqft
Finished area above ground: 5,197

Property

Parking

Total spaces: 20
Parking features: Off Street, Deeded
Uncovered spaces: 20

Features

Patio & porch: Deck - Wood
Waterfront features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)

Lot

Size: 8,400 sqft
Features: Level

Details

Parcel number: 3838067
Zoning: B15

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1890

Utilities & green energy

Electric: Circuit Breakers, Common, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Dryer, Varies per Unit

Green energy

Energy efficient items: Thermostat, Varies per Unit

Community & neighborhood

Location

Region: Dudley

HOA & financial

Other financial information

Total actual rent: 9900

Price history

Date	Event	Price
4/9/2025	Sold	$1,000,000+8.8%$192/sqft
Source: MLS PIN #73332010 Report a problem
2/10/2025	Contingent	$919,000$177/sqft
Source: MLS PIN #73332010 Report a problem
2/4/2025	Listed for sale	$919,000$177/sqft
Source: MLS PIN #73332010 Report a problem