5 Jacobs Road Norwood MA 02062 | MLS #73587481

5 Jacobs Road
Norwood, MA, 02062
$975,000
7 Beds
3 Baths
2,860 SqFt
0.37 Acres
$975,000
5 Jacobs Road
Norwood, MA, 02062
MLS #73587481 image #0
AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS AND OWNER-OCCUPANTS ALIKE! Discover the incredible potential of this three-family property, privately tucked away at the end of a dead-end street in a desirable Norwood location! Offering approximately 2,900 SF of living space on an impressive 16,055 SF lot, this property combines investment potential, classic charm, and a convenient location. Hardwood flooring throughout, beautiful original woodwork, and natural-finish wainscoting showcase the home’s timeless character and craftsmanship. The first-floor unit features five rooms, three bedrooms, one full bath, and FHA gas heat. The second-floor unit offers a similar five-room, three-bedroom layout with one full bath and a newer Navien heating system. The second floor will be delivered VACANT at closing, presenting an ideal opportunity for an owner-occupant looking to offset mortgage expenses with rental income! The third-floor unit features three rooms, one bedroom plus a den, one full bath, and electric baseboard heat. Additional highlights include front and rear porches, some newer replacement windows, ample off-street parking, and a spacious lot offering a private setting. Conveniently located near schools, shopping, public transportation, and all that Norwood has to offer. Whether you’re looking to expand your investment portfolio or make homeownership more affordable through rental income, this property offers tremendous potential! With an established rental history and opportunities for future improvements and rental growth, the possibilities are exciting. Showings by appointment; 24+ hours’ notice preferred. Second floor to be shown with an accepted offer. Property is being sold AS IS.

Property Details

Price:
$975,000
MLS #:
73587481
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Oct 7, 2026
Finished Sq Ft:
2,860
Total Sq Ft:
2,860
Lot Size:
16,005 sqft / 0.37 acres (approx)
Year Built:
1925
Units:
3

Schools

Interior

Above Grade Finished Area
2860
Appliances
Range, Microwave, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
None
Flooring
Hardwood
Heating
Forced Air, Natural Gas, Baseboard, Electric
Interior Features
Pantry, Living Room, Kitchen, Laundry Room
Laundry Features
Gas Dryer Hookup
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Park, Public School
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Off Street, Unpaved
Parking Spots
5
Parking Total
5
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
Window Features
Insulated Windows

Financial

Net Operating Income
$46,032
Tax Year
2026
Taxes
$7,867
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Marie Andrews

Marie Andrews

RealtorĀ®, 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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Map

Current real estate data for Multi Family in Norwood as of Nov 08, 2026
15
Multi Family Listed
40
Avg DOM
364
Avg $ / SqFt
$1,002,380
Avg List Price

Community

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Property Summary

    5 Jacobs Road Norwood MA is a Multi Family for sale in Norwood, MA, 02062. It is listed for $975,000 To schedule a showing of MLS#73587481 at 5 Jacobs Road in Norwood, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
5 Jacobs Road
Norwood, MA