69 Prospect Ave Norwood — Photo 1 of 25
$1,199,000
Investment Analysis — 69 Prospect Ave
Norwood, MA 02062
Based on rent reported on the MLS listing, a 3-unit multi-family in 02062 carries $6,700/mo in gross rent — about a 4.39% cap rate and $52,642/yr in estimated NOI at the $1,199,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
2,381
Style
3 Family - 3 Units Up/Down
Built
1880
NEW TO MARKET!! Excellent investment opportunity in this well maintained three family located within 0.6mi of Norwood train station and all the shops, stores and restaurants of downtown Norwood. All three units are in excellent condition with tenants in place till August 31st, 2027. First floor is a two bedroom and one full bath unit with a newly renovated kitchen and appliances. Second floor is two bedroom and one full bath with newly remodeled kitchen and new appliances. Third floor is one spacious bedroom and a full bath. Many updates include the roof, siding and windows. Separate GAS heating and hot water. Parking for 6 cars. Showings start at the Open House on Sunday.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Highway Access • T-Station
Geography
Listing Agent: Elaine Patterson
Listing Office: Coldwell Banker Realty - Westwood
MLS® Number: 73571007