$1,150,000

House for sale Norwood
Property photo number 1 of 16 Photos for Property. File  106384526_29_4db68bd1906780115adb03c6a3086ca9.jpeg

Overview

SUMMARY: Discover an opportunity with this Norwood house for sale and available for $1,150,000. This could be your next ideal home or a smart investment. More details await.
Exceptional investment opportunity near the Westwood line, offering an attractive 7%+ cap rate with additional upside potential from below-market rents! This recently renovated three-family property combines strong cash flow with a solid rental history. Each of the three spacious units features updated kitchens with newer appliances, renovated bathrooms, generously sized rooms, and separate utilities. Recent improvements include newer roofs and low-maintenance siding. Additional highlights include ample off-street parking, a shared yard, separate laundry facilities, and basement storage. Ideally located in a commuter-friendly neighborhood within walking distance to the train, shops, restaurants, and supermarkets. Comparable monthly rents within the complex are approximately $2,650, $2,650, and $3,700, offering potential for future income growth. A turnkey investment opportunity with immediate cash flow and long-term appreciation potential!
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Details

  • Beds: 7
  • Baths: 3
  • Reference No.: 97406110
  • Area: 2,488 sqft

Location

Marketed by:

  • Michael Lord
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