NOT LISTED FOR SALE

476 Walpole St Norwood, MA 02062

South Norwood Neighborhood
7 Beds
7 Baths
4,000 Sq Ft
0.33 Acres

Last Sold October 11, 2023

Last sale price $1,225,000 $306 Per Sq Ft

88 Days on Market

About This Home

As of October 2023

2 Buildings on Rte 1A. Invest in Norwood now, don't miss the boat!! The New Hospital will be the first newly constructed hospital in the area in over 25 years. The project will bring hundreds of $millions to the community and support more than 4,000 jobs in greater Norwood. More people will be moving to Norwood and Seeking Housing. RES Building has 4 apts with three 2BR's and one 1BR, plus xtra bonus finished basement office w/bath. Coin laundry room in bsmt. No leases. All rents are below market, all are on TAW. All are deleaded and section-8 compliant. Low Monthly Expenses. Frame const. with vinyl and new roof. The commercial building is almost 5000 sf with two large offices/ whse space, 2 half-baths, kitchenette, plus a separate bonus storage unit w/attic. This can be configured to suit owner or tenants. It's heavy-duty, originally a commercial bakery, poured concrete walls, steel trusses, floor drains, 3 heat zones, 600 amps, etc. Excellent value! Qualified Buyers plz. AS-IS

Last Listed By

Ally Forbes

Forbes Real Estate, LLC Listed on: 05/18/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,701

Year Built

  • Built in 1910

Lot Details

  • 0.33 Acre Lot

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 16 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Listing and Financial Details

  • Total Actual Rent $11,100
  • Assessor Parcel Number M:00008 B:0004E L:00038,158501

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,701

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1910
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 4000
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN0936
  • LIST PRICE PER Sq Ft: 337.5
  • PRICE PER Sq Ft: 306.25
  • MAIN SO: BB3351

Exterior Features

  • Construction Materials: See Remarks
  • Foundation Details: Block
  • Home Warranty YN: No
  • Roof: Asphalt/Composition Shingles, Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 16

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00008 B:0004E L:00038,158501
  • Zoning: Mixed Use
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size Sq Ft: 14374
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7700.78
  • Tax Book Number: 0

Multi Family

  • Gross Income: 133200
  • Net Operating Income: 82800
  • Number Of Units Total: 4
  • Total Actual Rent: 11100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 2
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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Sold Price
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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
10/11/2023 10/11/23 Sold $1,225,000 -9.3% $306 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $1,350,000 -6.9% $338 / Sq Ft
05/25/2023 05/25/23 Price Changed $1,450,000 -9.4% $363 / Sq Ft
05/18/2023 05/18/23 For Sale $1,599,999 -- $400 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ally Forbes

    Seller's Agent in 2023

    Ally Forbes

    Forbes Real Estate, LLC

    (617) 763-4476

    1 in this area

    9 Total Sales

    Ally Forbes
    Section Image
  • Adam Stivaletta

    Buyer's Agent in 2023

    Adam Stivaletta

    Keller Williams Realty Boston South West

    (781) 844-2149

    5 in this area

    114 Total Sales

    Adam Stivaletta
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73113753

MLS Property Information Network (MLS PIN)

Massachusetts Norfolk County Norwood 02062 South Norwood

476 Walpole St, Norwood, MA

Homes for Sale in Norwood, MA

This home is located at 476 Walpole St, Norwood, MA 02062 since 18 May 2023. This property was built in 1910. 476 Walpole St is a home located in Norfolk County with nearby schools including Norwood High School, Norwood Montessori School, and St Catherine Of Siena School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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