$2,199,000

Estimated payment $12,622/month

Total Views 6,878
8 Beds
9 Baths
10,084 Sq Ft
$218 Price per Sq Ft

Highlights

  • Golf Course Community
  • Medical Services
  • Community Pool
  • Norwood High School Rated A-
  • Property is near public transit
  • Tennis Courts

About This Home

An exceptional mixed use property is now available in the heart of Norwood. Offering a rare opportunity to own a well established family owned restaurant with a loyal customer base and strong community presence. Situated on a generous three parcel,14,478 sf lot, this 2.5 story,10,000 sf building, with full basement, garage and on-site parking facilities, this property combines commercial and residential functionality at its best. Above the well equipped restaurant, bar and function spaces are three sizeable residential apartments, providing an additional and further flow of income. Conveniently located in a high foot traffic area and just steps from public transportation, Rte 1 South, Rte 495, shops and local amenities. If you’re looking to invest in or expand a restaurant portfolio, further develop this location or simply introduce a new fresh perspective, then this property will present a unique, invaluable and proven opportunity with a strong upside potential. WON’T LAST!!

Listing Agent

Bill Skerry

Keller Williams Realty Listed on: 07/21/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,867

Year Built

  • Built in 1920

Lot Details

  • 10,413 Sq Ft Lot
  • Near Conservation Area

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 10,084 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Balch Elementary School
  • Coakley Middle School
  • Norwood High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Rent includes unit 2(heat gas water hot water), unit 3(heat gas water hot water), unit 4(heat gas water hot water)
  • Legal Lot and Block 00018 / 00003
  • Assessor Parcel Number M:00009 B:00003 L:00018

Community Details

Overview

  • 4 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Net Operating Income $80,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,867

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1920
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 6
  • Total Bathrooms: 9
  • Total Bathrooms: 6
  • Basement: Full
  • Above Grade Finished Sq Ft: 10084
  • Living Area: 10084
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: BB5522
  • LIST PRICE PER Sq Ft: 218.07
  • PRICE PER Sq Ft: 218.07

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Deeded
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 2(Heat,Gas,Water,Hot Water), Unit 3(Heat,Gas,Water,Hot Water), Unit 4(Heat,Gas,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00009 B:00003 L:00018
  • Zoning: Mixed Use
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10413
  • Lot Size Units: Acres
  • PAGE: 229

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10867.16
  • Tax Block: 00003
  • Tax Book Number: 36264
  • Tax Lot: 00018
  • Tax Map Number: 00009

Multi Family

  • Gross Income: 80400
  • Net Operating Income: 80400
  • Number Of Units Total: 4
  • Total Actual Rent: 6700
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2

MLS Schools

  • High School: Norwood High
  • Elementary School: Balch
  • Middle Or Junior School: Coakley

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $0 $1,033,000 $128,800 $904,200
2024 -- $997,700 $128,800 $868,900
2023 $0 $913,000 $128,800 $784,200
2022 $0 $849,600 $128,800 $720,800
2021 $0 $814,300 $128,800 $685,500
2020 $0 $814,300 $128,800 $685,500
2019 $0 $734,000 $128,800 $605,200
2018 $0 $694,700 $128,800 $565,900
2017 $0 $694,700 $128,800 $565,900
2016 -- $694,700 $128,800 $565,900
2015 $4,885 $595,500 $198,800 $396,700
2014 $4,885 $595,500 $198,800 $396,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $2,199,000 -- $218 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Not Resolvable $900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,236,000 Unknown
Closed $100,000 Unknown
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73407488

MLS Property Information Network (MLS PIN)

APN: NORW-000009-000003-000018