36-38 West, Norwood, MA, 02062
Property Details
6
3
multi family
Description
Multi Family in Norwood, MA - Bedrooms: 6 - Bathrooms: 3 - Area: 2715 sqft - Year Built: 1916 - Lot: 6300 sqft
Listing Agent: Ilya Cobi Brokerage: William Raveis Real Estate - Brookline
Turnkey 3-family in Norwood's coveted High School area - a rare income-generating opportunity for investors and owner-occupants alike. Three spacious 2BR/1BA units boast soaring ceilings, hardwood floors throughout, and updated major systems for worry-free ownership. Units 2 & 3 renovated in 2021. A standout feature: two separate driveways with 8 parking spaces - virtually unheard of for multi-family in this market. Current rents are below market, unlocking significant upside with a potential cap rate up to 8%. Just 0.5 miles to Norwood Depot commuter rail - a commuter's dream location that keeps vacancy low and demand high. Whether you're chasing strong cash flow or looking to offset your mortgage with rental income, this property delivers. Don't miss this one!
Location
Address
36-38 West, Norwood, MA, 02062
City
Norwood
Features and Finishes
Bedrooms: 6, Total Rooms: 13, Basement Features: Full, Interior Entry, Total Bathrooms: 3, Full Bathrooms: 3, Pantry, Bathroom With Tub, Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen, Mudroom, Flooring: Wood, Tile, Vinyl, Hardwood, Window Features: Insulated Windows, Range, Refrigerator, Dishwasher, Heating Features: Forced Air, Natural Gas, Heating: Yes, Other Structures: Shed(s), Patio And Porch Features: Porch, Road Frontage Type: Public, Road Responsibility: Public Maintained Road, Porch: Yes, Lot Size Acres: 0.1446281, Lot Size Square Feet: 6300, Open Parking: Yes, Parking Features: Paved Drive, Off Street, Parking Total: 8, Elementary School: Cleveland, High School: Norwood Hs, Middle School: Coakley, Gross Income: 67200, Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Number of Units: 3, Community Features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, T-Station, Sidewalks, Annual Tax Amount: 7673, Tax Block:
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