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3 School Street, Norwood MA 02062

$899,000

Estimated $2,097/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $449,500

Total Rent: 0/year

Estimated CAP Rate:

6 Bedrooms

Baths

2137

Total Parking: 8

11,761 (0.27)

Fantastic opportunity to own a well-maintained, move-in ready two-family home in a highly desirable Norwood location! This versatile property is ideal for owner-occupants, multi-generational living, or investors seeking rental income.The first unit gutted and renovated around 2003 features 2 bedrooms, a spacious living room, an eat-in kitchen, and a full bath. The second unit offers two levels of living with a flexible layout. The first floor consisting of 2 bedrooms, a living room, eat-in kitchen, and full bath, plus an additional two bedrooms and half bath on the second level, making it perfect for larger households, or home office space. Additional features include all replacement windows, separate utilities, basement laundry, abundant storage space including an outdoor shed, and ample off-street parking to accommodate 8+ cars. Enjoy the convenience of being just a short walk to Norwood Center, commuter rail, shops, restaurants, and local amenities. A rare opportunity in a fantastic commuter-friendly location. Units are currently vacant. Ready for owner occupancy or rental income! Don't miss out!

This home has been viewed 3 times

Last Checked: September 18th, 2026 at 9:38am (Source: MLS PIN #73579004)

Gross Income: $0

Gross Expenses: $7,670

Net Income Calc: $7,670

Annual Expenses for 3 School Street, Norwood MA 02062

Total Gross Expenses (Calculated)$7,670/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7670

Annual Income & Unit Breakdown for 3 School Street, Norwood MA 02062

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

General Information for 3 School Street, Norwood MA 02062

Listing ID73579004

Property TypeMulti Family

Price899000 ($420.68/SqFt)

StyleMulti Family

CityNorwood

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total2137

Approximate Lot Size (Acres)0.27

Total Parking8

Garage Parking0

Year Built1888

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningG

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 3 School Street, Norwood MA 02062

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWine Fridge. Small Floating Wood Shelves

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 3 School Street, Norwood MA 02062

Real Estate Taxes7670

Tax Year2026

Assessed Value$781,100

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 3 School Street, Norwood MA 02062

Elementary SchoolOldham

Middle SchoolCoakley Middle School

High SchoolNorwood High School

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 3 School Street, Norwood MA 02062

Agent

Name: Jennifer Conley

Office

Name: Coldwell Banker Realty - Westwood

Phone: 781-320-0550

Payment Calculator

, Interest

Property Taxes 639.17

Principal & Interest 5539.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Westwood

Jennifer Conley

Agent Phone

Office Phone

(781) 320-0550

Text Agent Call Agent Call Office

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    [description] => Fantastic opportunity to own a well-maintained, move-in ready two-family home in a highly desirable Norwood location! This versatile property is ideal for owner-occupants, multi-generational living, or investors seeking rental income.The first unit gutted and renovated around 2003 features 2 bedrooms, a spacious living room, an eat-in kitchen, and a full bath. The second unit offers two levels of living with a flexible layout. The first floor consisting of 2 bedrooms, a living room, eat-in kitchen, and full bath, plus an additional two bedrooms and half bath on the second level, making it perfect for larger households, or home office space.  Additional features include all replacement windows, separate utilities, basement laundry, abundant storage space including an outdoor shed, and ample off-street parking to accommodate 8+ cars. Enjoy the convenience of being just a short walk to Norwood Center, commuter rail, shops, restaurants, and local amenities. A rare opportunity in a fantastic commuter-friendly location. Units are currently vacant. Ready for owner occupancy or rental income!  Don't miss out!
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EXIT

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