This mixed-use property consists of a commercial vacant unit in the lower level with bathroom and an abundant amount of space. First floor has two bedrooms, spacious bathroom with bathtub, living room and updated kitchen with granite counter tops. Second floor has one bedroom, living room, kitchen, and bathroom with stand-up shower. The roof has been replaced with one layer in 2018. And in January 2020, a split A/C was installed in the commercial lower level. There are approximately 8 off street parking spaces behind the property. Perfect property for investors, located near Norwood Center and the commuter rail. Private showings allowed with 24-hour notice after the first open houses. Come by and see this great opportunity. Open houses Saturday, January 14, 2023 11-1 and Sunday, January 15, 2023 12-2Offers will be presented on Wednesday at noon
This home has been viewed 43 times
Last Checked: May 7th, 2024 at 2:51am (Source: MLS PIN #73069706)
Gross Income: $47,400
Gross Expenses: $3,993
Net Income Calc: $43,407
CAP Rate: 6.20%
Annual Expenses for 10 Howard St, Norwood MA 02062
Total Gross Expenses (Calculated)$3,993/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,993
Annual Income & Unit Breakdown for 10 Howard St, Norwood MA 02062
Total Gross Income (Calculated)$47,400
Unit 1
Rental Income$1,900
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,200
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$850
Lease
Bedrooms0
Bathrooms1 Half
Floor0
Levels in Unit1
HeatingNo
Rent Includes
General Information for 10 Howard St, Norwood MA 02062
Listing ID73069706
Property TypeMulti Family / 2 Family
Price$699,900 ($303.51/SqFt)
Style2 Family - 2 Units Up/down
CityNorwood
CountyNorfolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,306 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking8
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningMixed
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 10 Howard St, Norwood MA 02062
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$47,400
Total Net Income By Broker$47,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 10 Howard St, Norwood MA 02062
Real Estate Taxes$3,993
Tax Year2022
Assessed Value$371,400
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$47,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$47,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.20%
Location Information for 10 Howard St, Norwood MA 02062
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation, T-station, Private School
Contact Information for 10 Howard St, Norwood MA 02062
Agent
Name: Toula Sfougaristos
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate