49 Phillips Ave, Norwood MA 02062

Norwood, MA 02062
$1,020,000
Est. $5,429/month
6
Beds
3
Baths
3,599
Sq Ft
$283
Price/Sq Ft
0.29
Acres
1913
Year Built
3 Family
Type
17
Days on Market
Closed Listed Sep 30, 2025 • MLS# 73298331 Copied!

About this home

Rare opportunity! Don’t miss this exceptional investment in a 3-family property located within walking distance to the commuter rail and town center. This well-maintained property features 3 levels with a total of 15 rooms. The 1st and 2nd-floor units each have 2 bedrooms, a living room, kitchen, and dining room (optional 3rd bedroom or office).The versatile 3rd-floor unit includes 5 rooms and a furnace that’s only 2 years old. Other updates include replacement windows throughout, hot water tanks (3 years), roof and 1st and 2nd flr gas furnaces— completed within the last 10 years. Each unit has separate utilities, and there’s extra storage with 3 laundry hook-ups in the walk-out basement. Enjoy private back decks and a spacious backyard for added value and potential. The property also includes a 2-car detached garage and ample off-street parking. Whether you're an experienced investor or just starting, this property offers significant rental income potential in a desirable area.

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1913
Bedrooms
6
Full Bathrooms
3
Living Area
3,599 sq ft
Total Rooms
15
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $949,000
Final Sale Price: $1,020,000
Difference: +$71,000 (+7.5%)
Performance Metrics
107.5%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $264
Sale $/sq ft: $283
This property sold for $283 per square foot
Sale Summary

This property sold for 7.5% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1913
Living Area 3,599 sq ft
Lot Size 0.29 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Unfinished
Laundry None
Features Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $7,812
Assessed Value $746,200

Location

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Neighborhood

49 Phillips Ave, 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 $651
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7%
Price Range
19
Total Days on Market

Property Timeline

Sold
Dec 3, 2024
$1,020,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Oct 3, 2024
$949,000
Original listing
Agent: Jennifer Conley Office: Coldwell Banker Realty - Westwood

Price & Status History

Date Event Price Change
Oct 3, 2024 New Listing Added $949,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$283

Tax History

Year Taxes Assessment
2024 $7,812 $746,200

Financial Details

Annual Property Tax
$7,812
Tax Year 2024
Assessed Value
$746,200

Listing Information

Listing Agent Jennifer Conley
Listing Office Coldwell Banker Realty - Westwood
Agent MLS ID CN203367
Office MLS ID AN6243

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