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61-63 Elliott St., Norwood MA 02062

Norwood, MA 02062
$825,000
Est. $4,967/month
4
Beds
2
Baths
1,965
Sq Ft
$420
Price/Sq Ft
0.12
Acres
1910
Year Built
4
Parking
9 hours 20 minutes
Time on Market
Active Listed Jul 21, 2026 • MLS# 73551139 Copied! • Updated Jul 21, 2026

About this home

Excellent investment opportunity in a desirable neighborhood near Norwood High School. This well-maintained two-family home offers strong rental appeal with hardwood floors throughout, oversized rooms, large eat-in kitchens, pantry storage, and gas heat and cooking in both units. ROOF IS 13 YEARS OLD, HEATING SYSTEMS ARE 14 YEARS OLD. Separate off-street parking areas provide added convenience for tenants.The property has been certified lead paint treated. Classic architectural details, spacious floor plans, and practical amenities make these units highly marketable and easy to rent. Large semi finished basement for storage and 2 laundry hookups. Located in Norwood, tenants enjoy the added benefit of the town's municipal electric service and streaming options, helping to keep utility costs attractive. Convenient to schools, shopping, restaurants, commuter rail, and major routes, this is a rare opportunity to own a multifamily property with lasting tenant appeal.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 21, 2026
$825,000
Original listing
Agent: Michele Taranto Office: Realty ONE Group Suburban Lifestyle

Tax History

Year Taxes Assessment
2025 $7,143 $679,000

Financial Details

Annual Property Tax
$7,143
Tax Year 2025
Assessed Value
$679,000

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1910
Living Area 1,965 sq ft
Lot Size 0.12 acres
Bedrooms 4
Full Baths 2
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent $1,835/mo · Y
Unit 2 Rent $1,885/mo · Y
Total Monthly Rent $3,720/mo
Gross Income $44,640
Net Operating Income $44,640
Cap Rate 5.41%
Heating Natural Gas
Cooling Window Unit(s)
Flooring Vinyl, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Laundry Room, Pantry, Lead Certification Available, Storage, Living Room, Kitchen, Sunroom
Construction None
Architecture None
Roof Shingle
Features Balcony/deck, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck
Features Paved Drive, Off Street
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $7,143
Assessed Value $679,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Both Tenants Are Reliable Renters. They Have Leases That Run June And July, 2027. Buyers And Buyers Agents To Perform Their Own Due Diligence, Seller/broker Make No Warranties.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Norfolk
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
4
Full Bathrooms
2
Living Area
1,965 sq ft
Total Rooms
9
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Laundry Room, Pantry, Lead Certification Available, Storage, Living Room, Kitchen, Sunroom
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street
School District
Norwood School District local
C
School Safety 2024-25
3.7% Above Average
2.7% Suspensions 1.3% In-School 1.0% Emergency
1.8% below state avg
E

Elementary Schools

10 schools
The May Center School for Brain Injury and Neurobehavioral Disorders – Norwood
0.8 mi
Grades PK-12
Norwood Montessori School
0.9 mi
Grades PK-06
St. Catherine Of Siena School
1.3 mi
Grades PK-08
C+
Balch School
< 0.1 mi | #571 of 824 | Score: 42.2
Improved 126 spots from last year
-16 below state avg
303 students Diverse
Rising School Diverse Student Body
Grades 01-04
Hand in Hand Children's Center
0.9 mi
Grades PK
B
F.A. Cleveland Elementary School
0.9 mi | #355 of 824 | Score: 49.0
Dropped 122 spots from last year
-9.2 below state avg
339 students Diverse
Grades 01-04
C
Charles J Prescott School
1.2 mi | #603 of 824 | Score: 40.8
Dropped 133 spots from last year
-17.4 below state avg
267 students Very Diverse
Diverse Student Body
Grades 01-04
George F. Willett School
1.4 mi
256 students Diverse
Diverse Student Body
Grades K-01
C+
Cornelius M Callahan School
1.5 mi | #544 of 824 | Score: 43.2
Dropped 25 spots from last year
-15 below state avg
247 students Diverse
Diverse Student Body
Grades 01-04
Little Mustangs Preschool Academy (LMPA)
1.5 mi
129 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
B-
Dr. Philip O. Coakley Middle School
0.5 mi | #189 of 352 | Score: 41.4
Dropped 21 spots from last year
-16.8 below state avg
807 students Diverse
Diverse Student Body
Grades 05-08
H

High Schools

1 school
B-
Norwood High School
1.1 mi | #203 of 346 | Score: 51.3
Dropped 2 spots from last year
-6.9 below state avg
966 students Diverse
18 sports • 1,594 athletes
High Graduation Rate Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $595
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

61-63 Elliott St., Norwood MA 02062

Norwood, MA 02062

Listing Information

Listing Agent Michele Taranto
Listing Office Realty ONE Group Suburban Lifestyle
Office Phone 508-435-3100
Agent MLS ID CN204898
Office MLS ID AN9371
Listing Data Updated Jul 21, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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