Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

40-40 1/2 Savin Avenue, Norwood MA 02062

Active

40-40 1/2 Savin Avenue, Norwood MA 02062

$900,000

Estimated $2,151/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $300,000

Total Rent: 24000/year

Estimated CAP Rate:

5 Bedrooms

Baths

3732

Total Parking: 7

7,200 (0.17)

Double the Opportunity on Savin! Owned by the same family for over 100 years, 40 & 40½ Savin Ave have been part of one family's story for nearly a century and are now ready for their next chapter. Rare opportunity offering TWO separate homes on ONE lot with possibilities for the savvy investor, owner-occupant or multigenerational buyer. Front home, #40, is a two-family with a 1-bedroom, 1-bath residence on each of the first & second floors. Period details including hardwood floors, bay windows, built-ins & original woodwork bring character and charm throughout. But wait, there's MORE! A full staircase leads to additional third-floor bonus space offering exciting future possibilities for buyers willing to explore improvements, permitting & code requirements. Tucked behind is #40½, a separate 3-bedroom, 1-bath single-family home with a welcoming front porch, traditional floor plan and all bedrooms & bath on the second floor. Bring your vision! Original kitchens & baths offer the opportunity to update at your pace and make these homes your own. Priced to reflect the updating ahead, savvy buyers will see the potential to build value while preserving the character that makes this property special. With separate entrances and distinct living spaces, the layout offers the independence buyers want with the convenience of having everyone—or everything—on one property. Outside, a shared yard adds room to enjoy the seasons, while off-street parking adds everyday practicality. Live in one home while generating income from the others, create a multigenerational setting where everyone has their own space, or explore the investment potential of all three residences. Imagine parents, adult children or extended family living just steps away—close enough to share everyday life while enjoying the privacy of separate homes. Investors will recognize the opportunity to improve, update & build value over time. Conveniently located near Norwood Center, restaurants, shops, services, Norwood Theatre & Town Common. Commuters will appreciate access to Norwood Depot & Norwood Central commuter rail stations plus convenient connections to Rte 1, Rte 1A & I-95. Both homes are included in the sale & must be purchased together. One property. Two homes. Three existing residences. So MANY possibilities. Bring your ideas & Make a Wise Move on Savin! Showings begin at the Open House Friday, 10/2 at 5-6pm & Sunday, 10/4 at 12-1pm

This home has been viewed 2 times

Last Checked: September 30th, 2026 at 8:18pm (Source: MLS PIN #73584362)

Gross Income: $24,000

Gross Expenses: $8,295

Net Income Calc: $15,705

Water Views

Annual Expenses for 40-40 1/2 Savin Avenue, Norwood MA 02062

Total Gross Expenses (Calculated)$8,295/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8295

Annual Income & Unit Breakdown for 40-40 1/2 Savin Avenue, Norwood MA 02062

Total Gross Income (Calculated)$24,000

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Levels in Unit2

Rent IncludesHeat

General Information for 40-40 1/2 Savin Avenue, Norwood MA 02062

Listing ID73584362

Property TypeMulti Family / 3 Family

Price900000 ($241.16/SqFt)

Style3 Family

CityNorwood

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total3732

Approximate Lot Size (Acres)0.17

Total Parking7

Garage Parking0

Year Built1900

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 Description

Accessible Features

Outdoor SpaceCovered

ZoningB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 40-40 1/2 Savin Avenue, Norwood MA 02062

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsRequest Details

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 40-40 1/2 Savin Avenue, Norwood MA 02062

Real Estate Taxes8295

Tax Year2026

Assessed Value$844,700

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 40-40 1/2 Savin Avenue, Norwood MA 02062

Elementary SchoolWillett Elementary

Middle SchoolCoakley Middle School

High SchoolNorwood High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 40-40 1/2 Savin Avenue, Norwood MA 02062

Agent

Name: The Kouri Team

Office

Name: Keller Williams Realty Boston South West

Phone: 781-251-2101

Team Members

Name: Leeanora Kouri

Payment Calculator

, Interest

Property Taxes 691.25

Principal & Interest 5545.51

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Boston South West

The Kouri Team

Agent Phone

Office Phone

(781) 251-2101

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.17 acres (7,200 SqFt)
    [add_date] => 2026-09-30 20:18:35
    [address] => Savin Avenue
    [agent] => Array
        (
            [address] => 
            [city] => 
            [id] => CT002694
            [name] => The Kouri Team
            [national_association] => 
            [office] => BB3351
            [state] => 
            [zip] => 
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 3732
    [approx_lot_size_acres] => 0.17
    [approx_lot_size_sqft] => 7200
    [assessed_value] => $844,700
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 5
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Measured
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Norwood
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
            [0] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Norfolk
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Double the Opportunity on Savin! Owned by the same family for over 100 years, 40 & 40½ Savin Ave have been part of one family's story for nearly a century and are now ready for their next chapter. Rare opportunity offering TWO separate homes on ONE lot with possibilities for the savvy investor, owner-occupant or multigenerational buyer. Front home, #40, is a two-family with a 1-bedroom, 1-bath residence on each of the first & second floors. Period details including hardwood floors, bay windows, built-ins & original woodwork bring character and charm throughout. But wait, there's MORE! A full staircase leads to additional third-floor bonus space offering exciting future possibilities for buyers willing to explore improvements, permitting & code requirements. Tucked behind is #40½, a separate 3-bedroom, 1-bath single-family home with a welcoming front porch, traditional floor plan and all bedrooms & bath on the second floor. Bring your vision! Original kitchens & baths offer the opportunity to update at your pace and make these homes your own. Priced to reflect the updating ahead, savvy buyers will see the potential to build value while preserving the character that makes this property special. With separate entrances and distinct living spaces, the layout offers the independence buyers want with the convenience of having everyone—or everything—on one property. Outside, a shared yard adds room to enjoy the seasons, while off-street parking adds everyday practicality. Live in one home while generating income from the others, create a multigenerational setting where everyone has their own space, or explore the investment potential of all three residences. Imagine parents, adult children or extended family living just steps away—close enough to share everyday life while enjoying the privacy of separate homes. Investors will recognize the opportunity to improve, update & build value over time. Conveniently located near Norwood Center, restaurants, shops, services, Norwood Theatre & Town Common. Commuters will appreciate access to Norwood Depot & Norwood Central commuter rail stations plus convenient connections to Rte 1, Rte 1A & I-95. Both homes are included in the sale & must be purchased together. One property. Two homes. Three existing residences. So MANY possibilities. Bring your ideas & Make a Wise Move on Savin! Showings begin at the Open House Friday, 10/2 at 5-6pm & Sunday, 10/4 at 12-1pm
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => Willett Elementary
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Request Details
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => Norwood High
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-09-30 20:18:35
    [laundry_features] => Array
        (
            [0] => Archway
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 4
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => Coakley Middle School
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73584362
    [neighborhoods] => 
    [net_income_calc] => 15705
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => BB3351
            [name] => Keller Williams Realty Boston South West
            [phone] => 781-251-2101
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
            [0] => Covered
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 900000
    [price_per_sqft] => 241.16
    [price_per_unit] => 300000
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 3 Family
        )

[real_estate_tax] => 8295
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 14
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Active
        )

[street_number] => 40-40 1/2
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 1
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2026
    [team] => BB922969,CT002694
    [team_agents] => Array
        (
            [BB922969] => Array
                (
                    [agent_mls_id] => BB922969
                    [full_name] => Leeanora Kouri
                    [address] => 29 Trailside Drive
                    [city] => Westwood
                    [state] => MA
                    [postal_code] => 02090
                    [national_association_id] => 449533141
                    [office_mls_id] => BB3351
                )

[CT002694] => Array
                (
                    [agent_mls_id] => CT002694
                    [full_name] => Paul Kouri
                    [address] => 29 Trailside Drive
                    [city] => Westwood
                    [state] => MA
                    [postal_code] => 02090
                    [national_association_id] => 449542476
                    [office_mls_id] => BB3351
                )

)

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 8295
    [total_gross_income] => 24000
    [total_parking] => 7
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 1
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 1
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 3
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 2
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 40-40 1/2 Savin Avenue, Norwood MA 02062
    [utilities] => Array
        (
            [0] => 110 Volts
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

39 More Photos

Active

40-40 1/2 Savin Avenue, Norwood MA 02062

$900,000

Annual Expenses for 40-40 1/2 Savin Avenue, Norwood MA 02062

Annual Income & Unit Breakdown for 40-40 1/2 Savin Avenue, Norwood MA 02062

General Information for 40-40 1/2 Savin Avenue, Norwood MA 02062

Disclosures for 40-40 1/2 Savin Avenue, Norwood MA 02062

Financial Information for 40-40 1/2 Savin Avenue, Norwood MA 02062

Location Information for 40-40 1/2 Savin Avenue, Norwood MA 02062

Contact Information for 40-40 1/2 Savin Avenue, Norwood MA 02062

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Boston South West

The Kouri Team