1360 Washington, Norwood MA 02062
Norwood, MA 02062
$1,080,000
Est. $5,748/month
About this home
Family owned income property for more than 50 years (inheritance), 4 rental units (Tenants-at-will) current rental income below market value. Units needing upgrades to maximize rental income. Plenty of off-street rear parking. Centrally located and easy to get to. Add this income property to your investment portfolio along with our other multi-family property located at 5 Atwood Avenue (2 minute drive down the street) ****** Offer deadline 5:00 pm November 3, 2024******
Property Overview
Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1922
Bedrooms
7
Full Bathrooms
4
Living Area
4,304 sq ft
Total Rooms
16
Stories
4
Levels
4
Sale Statistics
Sale Overview
Original List Price:
$999,000
Final Sale Price:
$1,080,000
Difference:
+$81,000 (+8.1%)
Performance Metrics
108.1%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$232
Sale $/sq ft:
$251
This property sold for $251 per square foot
Sale Summary
This property sold for 8.1% above the original asking price, indicating strong buyer demand.
With only 7 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family - 4 Units Up/Down
Year Built
1922
Living Area
4,304 sq ft
Lot Size
0.16 acres
Bedrooms
7
Full Baths
4
Total Rooms
16
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
10
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,785
Assessed Value
$743,600
Location
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Neighborhood
1360 Washington, Norwood MA 02062
Norwood, MA 02062
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
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Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$649
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
7.5%
Price Range
8
Total Days on Market
Property Timeline
Sold
Dec 20, 2024
$1,080,000
Property sold
Days on Market: 8
Listed for Sale
Oct 27, 2024
$999,000
Original listing
Office: Arris Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/20/2024 | ✓ Sold | $1,080,000 | - | - | Property sold |
| 10/27/2024 | 🏠 Listed for Sale | $999,000 | - | - | Original listing |