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187 Walpole St, Norwood MA 02062

$890,000

Estimated $2,037/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $445,000

Total Rent: 60600/year

Estimated CAP Rate:

4 Bedrooms

Baths

2030

Total Parking: 4

8,000 (0.18)

A rare opportunity for both owner-occupied and investors, this meticulously maintained 2-story multifamily property combines long-term income potential with everyday livability. A generous front yard setback enhances the home's curb appeal while providing a welcoming buffer from the street. Each level features a well-proportioned 2-bedroom, 1-bath layout completes with gleaming hardwood floors, an in-unit washer and dryer, and a bright enclosed porch. The flexible floor plan is ideal for generating steady rental income while living on-site, accommodating multigenerational living arrangements, or expanding a real estate portfolio. Additional convenience comes via a walk-up attic on the second floor, offering exceptional storage or future expansion possibilities, alongside a fully fenced backyard for private outdoor enjoyment. Positioned in a highly desirable Norwood neighborhood, the property sits within an easy walk of the vibrant town center, the commuter rail for effortless commuting, Wendover Park, and the local recreational center, acing local shops, dining, and amenities right at your doorstep.

This home has been viewed 1 time

Last Checked: September 16th, 2026 at 5:58am (Source: MLS PIN #73573689)

Gross Income: $60,600

Gross Expenses: $7,132

Net Income Calc: $53,468

Water Views

Annual Expenses for 187 Walpole St, Norwood MA 02062

Total Gross Expenses (Calculated)$7,132/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7132

Annual Income & Unit Breakdown for 187 Walpole St, Norwood MA 02062

Total Gross Income (Calculated)$60,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 187 Walpole St, Norwood MA 02062

Listing ID73573689

Property TypeMulti Family

Price890000 ($438.42/SqFt)

StyleMulti Family

CityNorwood

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total2030

Approximate Lot Size (Acres)0.18

Total Parking4

Garage Parking0

Year Built1925

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningG

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 187 Walpole St, Norwood MA 02062

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 187 Walpole St, Norwood MA 02062

Real Estate Taxes7132

Tax Year2026

Assessed Value$726,300

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 187 Walpole St, Norwood MA 02062

Elementary SchoolNorwood

Middle SchoolNorwood

High SchoolNorwood

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 187 Walpole St, Norwood MA 02062

Agent

Name: Richard C. Maurice

Office

Name: Diamond Realty Professionals

Phone: 888-588-5607

Team Members

Payment Calculator

, Interest

Property Taxes 594.33

Principal & Interest 5483.9

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Diamond Realty Professionals

Richard C. Maurice

Agent Phone

Office Phone

(888) 588-5607

Text Agent Call Agent Call Office

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EXIT

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