$1,080,000
SOLD APR 11, 2025
6 Beds
3 Baths
3,692 Sq Ft
6,200 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Jogging Path
  • Norwood High School Rated A-
  • Corner Lot
  • Porch

About This Home

As of April 2025

Well maintained 3-family in Norwood features three 2-bedroom units (w/ potential to be 3 bedrooms, see floor plans) offering excellent income. With below market rents, the current gross income is $75,300/year, which can reach $88,572 as-is or $104,400+ after updating the units. Recent property upgrades include brand new heating systems, central AC, roof, driveway, & full insulation (all 2024), upgraded PVC plumbing (2010), new electric panels (2015), replacement windows, vinyl siding, and newer water heaters. Each unit boasts ample living space, basement storage, in-unit washer/dryer hookups, and both front and back decks/balconies. Situated on a corner lot of a dead-end street in a highly desirable neighborhood, walking distance to the train, bus, multiple shopping centers, parks, and Downtown Norwood. Well maintained building, units are just dated. Norwood Average 2 bed rent: $2,378/mo. Renovated units: upwards of $3,000/mo. Seller will review any offers starting Tuesday 9:00am.

Last Agent to Sell the Property

Adam Stivaletta

Keller Williams Realty Boston South West Listed on: 02/25/2025

Keller Williams Realty Boston South West

Last Buyer's Agent

Adam Stivaletta

Keller Williams Realty Boston South West Listed on: 02/25/2025

Keller Williams Realty Boston South West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,953

Year Built

  • Built in 1925

Lot Details

  • 6,200 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

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

Home Design

  • 3,692 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $6,275
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 156269

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Insurance Expense $2,200
  • Water Sewer Expense $2,100
  • Operating Expense $14,750
  • Net Operating Income $60,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,953

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1925
  • Levels: 6
  • Year Built Details: Actual
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 3692
  • Living Area: 3692
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB3351
  • LIST PRICE PER Sq Ft: 270.83
  • PRICE PER Sq Ft: 292.52
  • MAIN SO: BB3351

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2100

Lot Info

  • Parcel Number: 156269
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6200
  • Lot Size Units: Acres
  • PAGE: 106
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7953
  • Tax Book Number: 24854

Multi Family

  • Gross Income: 75300
  • Insurance Expense: 2200
  • Net Operating Income: 60550
  • Number Of Units Total: 3
  • Operating Expense: 14750
  • Total Actual Rent: 6275
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Similar Homes in Norwood, MA

  • 31-33 Chapel St, Norwood, MA 02062

    $799,900

    • 5 Beds
    • 3 Baths
    • 2,022 Sq Ft
    • 31-33 Chapel St
    • Norwood, MA

    NEW TO MARKET! Here’s a fantastic chance to own a well-cared-for two-family home in a really convenient location. Great for owner occupied. Both levels are bright and sunny, featuring high ceilings, newly finished hardwood floors, & brand new carpet. The whole place has been freshly painted too! Each unit comes with porches, which is nice. The 1st floor has 2 roomy bedrooms, living room, eat-in

    Anne Fahy Coldwell Banker Realty - Canton

    Section Image
  • 25-29 Chapel St, Norwood, MA 02062

    $949,000

    • 6 Beds
    • 3 Baths
    • 2,730 Sq Ft
    • 25-29 Chapel St
    • Norwood, MA

    Discover this charming 3-family home, perfect for both investors and owner-occupants. Located in a desirable neighborhood, this property offers three spacious units that feature hardwood floors and ample natural light. The first and second floor units feature in-unit laundry. The building boasts a large yard, off-street parking, and potential for additional income streams. Close to schools,

    Gerald Mullen NextHome Signature Realty

    Section Image
  • 14-16 Quincy Ave, Norwood, MA 02062

    $958,000

    • 5 Beds
    • 3 Baths
    • 2,604 Sq Ft
    • 14-16 Quincy Ave
    • Norwood, MA

    Great 3 family located on a quiet dead end street yet handy to trans. shopping etc. First fl. unit has 4 rooms 2 bedrooms and a modern bathroom. Spacious eat in kitchen with large pantry. Second floor also has 4 rooms 2 bedrooms and a full bath. Attractive woodwork and wood flooring. Third floor is a really nice one bedroom unit with a large eat in kitchen, nice size bedroom and living room. Open

    Paul Keady RE/MAX Real Estate Center

    Section Image
  • 38 Cottage St, Norwood, MA 02062

    $950,000

    • 5 Beds
    • 3.5 Baths
    • 3,940 Sq Ft
    • 38 Cottage St
    • Norwood, MA

    "OPPORTUNITY" to OWN or INVEST Right in the heart of Norwood, 38 Cottage Street is a multi-family home that exudes storybook charm and timeless elegance, a grand residence built at the turn of the 20th century, feels like expanded single-family home along with separate 1 bedroom rental apartment each having their own entrances . Main level features a grand living room with a wood-burning

    The Kouri Team Keller Williams Realty Boston South West

    Section Image
  • 135 Cottage St, Norwood, MA 02062

    $940,000

    • 5 Beds
    • 2 Baths
    • 1,884 Sq Ft
    • 135 Cottage St
    • Norwood, MA

    Welcome to 135 Cottage St, a beautifully updated two-family home in the heart of Norwood! Perfect for both investors and owner-occupants, this property offers flexibility and modern updates throughout. Each unit features a newly renovated kitchen, fresh interior paint, and a mix of refinished hardwood floors and durable vinyl plank flooring. Both units are bright, spacious, and currently vacant,

    Kelly Panepinto RE/MAX Distinct Advantage

    Section Image
  • 1274 Washington St, Norwood, MA 02062

    $975,000

    • 6 Beds
    • 3 Baths
    • 2,826 Sq Ft
    • 1274 Washington St
    • Norwood, MA

    Don’t miss this great opportunity for both owner-occupants and investors! 1274 Washington Street is a well-maintained two-family property offering over 2,800 square feet of living space and flexible options for rental income or multi-generational living. The first-floor unit is currently rented and features 3 bedrooms and 2 full baths, while the second-floor unit will be delivered vacant.

    Jason Richardson Truss Realty Advisors, LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $1,080,000 +8.0% $293 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $999,913 -- $271 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73338389

MLS Property Information Network (MLS PIN)