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.
