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251 Hill Street

Norwood, MA 02062
  • $1,050,000
  • STATUS: Active
  • MLS #: 73151595
UPDATED: 45 min ago
$1,050,000
  • 7
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,488
    SQFT
  • $422
    $/SQFT
Type:
Multi-Family
Built:
1961
County:
Norfolk

School Ratings & Info

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Listing courtesy of Michael Lord of Capital Realty Group.

Description

Welcome to this exceptional investment opportunity with a prime commuter friendly location in Norwood. This fully rented three-unit property presents an incredible opportunity for seasoned investors or anyone seeking a cash-flowing property with three generously sized units, all separate utilities and a strong rental history. The property has been well maintained with unit 1 and unit 2 being occupied by long term tenants, and unit 3 having undergone a recent renovation. Laundry facilities in basement. Don't miss out on this rare chance to own a fully rented property in a sought after location, and begin enjoying the benefits of passive income in this thriving rental market. Showings begin at the scheduled open houses.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-23T15:05:48.693.
www.coastalnewenglandproperties.com/homes/142711581
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251 Hill Street Norwood, MA 02062

  • Price: $1,050,000
  • Status: Active
  • On Site: Days
  • Updated: 45 min ago
  • MLS #: 73151595
7
Beds
3
Baths
0
½ Baths
0.17
Acres
2,488
SQFT
$422
$/SQFT
1961
Built
County:
Norfolk
Property Description
Welcome to this exceptional investment opportunity with a prime commuter friendly location in Norwood. This fully rented three-unit property presents an incredible opportunity for seasoned investors or anyone seeking a cash-flowing property with three generously sized units, all separate utilities and a strong rental history. The property has been well maintained with unit 1 and unit 2 being occupied by long term tenants, and unit 3 having undergone a recent renovation. Laundry facilities in basement. Don't miss out on this rare chance to own a fully rented property in a sought after location, and begin enjoying the benefits of passive income in this thriving rental market. Showings begin at the scheduled open houses.
Exterior Features

Construction Materials Frame Covered Spaces 0 Garage YN No Open Parking YN Yes Parking Features Paved DriveOff Street Parking Total 6 Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Building Area Total 2488 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Heat Units 3 Heat Zones 3 Heating Unit 1(Gas)Unit 2(Gas)Unit 3(Gas) Heating YN Yes Lead Paint Unknown Rooms Total 14

Property Features

Buyer Agency Compensation 2.5 Community Features Public TransportationMedical FacilityHighway Access Disclosures Buyer / Buyer Agent To Conduct Own Diligence And Verify All information. Seller Has Never Occupied The Property. Gross Income 94860 Home Warranty YN No Listing Terms Contract Net Operating Income 94860 Operating Expense 16200 Property Sub Type 3 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 6008 Tax Year 2023 Total Actual Rent 7905 Transaction Broker Compensation 1.0 Water Source Public Year Built Details ActualRenovated Since Year Round Yes Zoning G

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Michael Lord of Capital Realty Group: 508-395-8333.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-23T15:05:48.693.
 
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Listing courtesy of Michael Lord of Capital Realty Group.