49 Phillips Ave Norwood MA 02062 MLS #73298331

49 Phillips Ave
Norwood, MA, 02062
$949,000
6 Beds
3 Baths
3,599 SqFt
0.29 Acres
$949,000
49 Phillips Ave
Norwood, MA, 02062
Rare opportunity! Don’t miss this exceptional investment in a 3-family property located within walking distance to the commuter rail and town center. This well-maintained property features 3 levels with a total of 15 rooms. The 1st and 2nd-floor units each have 2 bedrooms, a living room, kitchen, and dining room (optional 3rd bedroom or office).The versatile 3rd-floor unit includes 5 rooms and a furnace that’s only 2 years old. Other updates include replacement windows throughout, hot water tanks (3 years), roof and 1st and 2nd flr gas furnaces— completed within the last 10 years. Each unit has separate utilities, and there’s extra storage with 3 laundry hook-ups in the walk-out basement. Enjoy private back decks and a spacious backyard for added value and potential. The property also includes a 2-car detached garage and ample off-street parking. Whether you’re an experienced investor or just starting, this property offers significant rental income potential in a desirable area.

Property Details

Price:
$949,000
MLS #:
73298331
Status:
Pending
Beds:
6
Baths:
3
Address:
49 Phillips Ave
Type:
Multi Family
Subtype:
3 Family
City:
Norwood
Listed Date:
Oct 3, 2024
State:
MA
Finished Sq Ft:
3,599
Total Sq Ft:
3,599
ZIP:
02062
Lot Size:
12,632 sqft / 0.29 acres (approx)
Year Built:
1913
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas

Exterior

Community Features
Public Transportation, Park, Private School, Public School
Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$12,000
Tax Year
2024
Taxes
$7,812
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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