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40-40 1/2 Savin Avenue Norwood — Photo 1 of 42

40-40 1/2 Savin Avenue Norwood — Photo 1 of 42

$900,000

Investment Analysis — 40-40 1/2 Savin Avenue

Norwood, MA 02062

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 3-unit multi-family in 02062 carries an estimated $5,380/mo in gross rent — about a 4.53% cap rate and $40,771/yr in estimated NOI at the $900,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

3,732

Style

3 Family

Built

1900

RARE Opportunity! TWO Properties for ONE Price! Savvy Buyers head over to Savin! Owned by the same family for over 100 years, 40 & 40½ Savin Ave have been part this family for nearly a Century & are NOW be Offered to the Public. TWO separate homes on ONE lot with possibilities for Investors, Owner Occupied or multigenerational family Buyers. 40 Savin is MULTI-FAMILY Home has 2 Units with period details including hardwood floors, bay windows, built-ins & original woodwork bring character and charm throughout. PLUS Third-floor with plumbing and additional rooms that were used previously as rental offers a possible 3rd Unit. SINGLE FAMILY Home is 40½ Savin, 3 Bed Colonial with Welcoming front porch, traditional floor plan and all 3 Beds & bath on 2nd floor. Bring your vision! Original kitchens & baths offer the opportunity to update at your pace and make these homes your own. Priced Reflects updating ahead, Come See the potential to build value while preserving the character that makes this property special. Separate entrances and distinct living space and a layout offers families the convenience of having everyone on 1 Property. Shared yard, 2 Separate driveways for 6+ off-street parking spaces. Live in one home & Generate income from the Multi-Family. TRUE Multi-Generational Property or INVESTORS DREAM. Prime Location, close to Norwood Center, Commuter Rail, Restaurants, Rte 1, Rte 1A & I-95. HURRY, TWO PROPERTIES ONE PRICE. Showings begin at the Open House Friday, 10/2 at 5-6pm & Sunday, 10/4 at 12-1pm.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$900,000
Annual Taxes$8,295

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile, Hardwood
BasementUnfinished

Climate & Utilities

HeatingCentral, Hot Water, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningB

Property & Lot

Acres0.17
SqFt Lot7,200
Lot FeaturesLevel

Amenities & Appliances

Washer • Dryer • Range • Refrigerator • Dishwasher • Microwave

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: The Kouri Team

Listing Office: Keller Williams Realty Boston South West

MLS® Number: 73584362