Excellent investment opportunity in a desirable neighborhood near Norwood High School. This well-maintained two-family home offers strong rental appeal with hardwood floors throughout, oversized rooms, large eat-in kitchens, pantry storage, and gas heat and cooking in both units. ROOF IS 13 YEARS OLD, HEATING SYSTEMS ARE 14 YEARS OLD. Separate off-street parking areas provide added convenience for tenants.The property has been certified lead paint treated. Classic architectural details, spacious floor plans, and practical amenities make these units highly marketable and easy to rent. Large semi finished basement for storage and 2 laundry hookups. Located in Norwood, tenants enjoy the added benefit of the town's municipal electric service and streaming options, helping to keep utility costs attractive. Convenient to schools, shopping, restaurants, commuter rail, and major routes, this is a rare opportunity to own a multifamily property with lasting tenant appeal.
This home has been viewed 10 times
Last Checked: June 11th, 2026 at 5:58pm (Source: MLS PIN #73533961)
Gross Income: $44,640
Gross Expenses: $7,143
Net Income Calc: $37,497
Water Views
Annual Expenses for 61-63 Elliott St., Norwood MA 02062
Total Gross Expenses (Calculated)$7,143/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7143
Annual Income & Unit Breakdown for 61-63 Elliott St., Norwood MA 02062
Total Gross Income (Calculated)$44,640
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 61-63 Elliott St., Norwood MA 02062
Listing ID73533961
Property TypeMulti Family / 2 Family
Price825000 ($419.85/SqFt)
Style2 Family - 2 Units Up/down
CityNorwood
CountyNorfolk
Neighborhood(s)
Approximate Living Area Total1965
Approximate Lot Size (Acres)0.12
Total Parking4
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoningres
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 61-63 Elliott St., Norwood MA 02062
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSee Inclusion/Exclusion Attachment
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 61-63 Elliott St., Norwood MA 02062
Real Estate Taxes7143
Tax Year2025
Assessed Value$679,000
Financial Data Source
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 61-63 Elliott St., Norwood MA 02062
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 61-63 Elliott St., Norwood MA 02062