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17 Nichols St, Norwood MA 02062

$719,000

Estimated $1,646/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $359,500

Total Rent: 41400/year

Estimated CAP Rate:

5 Bedrooms

Baths

2211

Total Parking: 5

5,327 (0.12)

Welcome to 17 Nichols Street in Norwood. This beautiful, multi-family home offers two units on three floors. The first floor, turnkey living for owners or investors. Able to fetch market rates for its rentals, this unit offers a new kitchen with new appliances, spacious bedrooms, updated bathroom, and polished hardwood floors throughout. The upstairs unit is a sprawling two floors including one bedroom on the main floor, a dine-in kitchen with pass-through to the living room, with two bedrooms and an office/storage on the third floor. Walk out to a large fenced-in backyard, metal tool shed, separate entrances with new storm doors. Enjoy the convenience of being located close to amenities and public transportation. Located within walking distance of the bus line, commuter line, Town Hall with Carillon (bell tower) concerts and tours, theatre, Norwood Center with restaurants and shopping, neighborhood schools and much more. Make your dreams of owning a multi-family a reality!

This home has been viewed 54 times

Last Checked: May 7th, 2024 at 12:41am (Source: MLS PIN #73066403)

Gross Income: $41,400

Gross Expenses: $5,760

Net Income Calc: $35,640

Annual Expenses for 17 Nichols St, Norwood MA 02062

Total Gross Expenses (Calculated)$5,760/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5760

Annual Income & Unit Breakdown for 17 Nichols St, Norwood MA 02062

Total Gross Income (Calculated)$41,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 17 Nichols St, Norwood MA 02062

Listing ID73066403

Property TypeMulti Family / 2 Family

Price719000 ($325.19/SqFt)

Style2 Family - 2 Units Up/down

CityNorwood

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total2211

Approximate Lot Size (Acres)0.12

Total Parking5

Garage Parking0

Year Built1914

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

Zoning1040

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 17 Nichols St, Norwood MA 02062

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceAppraiser

ExclusionsBasement Fridge

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation1

Sub-Agent Compensation0

Compensation Based OnNet Sale Price

Financial Information for 17 Nichols St, Norwood MA 02062

Real Estate Taxes5760

Tax Year2022

Assessed Value$535,800

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 17 Nichols St, Norwood MA 02062

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 17 Nichols St, Norwood MA 02062

Agent

Name: Lisa Peterson

Office

Name: Jack Conway & Co, Inc.

Phone: 781-331-5596

Payment Calculator

, Interest

Property Taxes 480

Principal & Interest 4430.25

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Jack Conway & Co, Inc.

Lisa Peterson

Agent Phone

Office Phone

(781) 331-5596

Text Agent Call Agent Call Office

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    [description] => Welcome to 17 Nichols Street in Norwood. This beautiful, multi-family home offers two units on three floors. The first floor, turnkey living for owners or investors. Able to fetch market rates for its rentals, this unit offers a new kitchen with new appliances, spacious bedrooms, updated bathroom, and polished hardwood floors throughout. The upstairs unit is a sprawling two floors including one bedroom on the main floor, a dine-in kitchen with pass-through to the living room, with two bedrooms and an office/storage on the third floor. Walk out to a large fenced-in backyard, metal tool shed, separate entrances with new storm doors. Enjoy the convenience of being located close to amenities and public transportation. Located within walking distance of the bus line, commuter line, Town Hall with Carillon (bell tower) concerts and tours, theatre, Norwood Center with restaurants and shopping, neighborhood schools and much more. Make your dreams of owning a multi-family a reality!
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EXIT

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