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.
Sold for $1,020,000
$1,020,000
49 Phillips Ave, Norwood, MA 02062
6beds
3,599sqft
3 Family
Built in 1913
-- sqft lot
$1,104,600 Zestimate®
$283/sqft
$3,147 Estimated rent
Home value
$1,104,600
$1.03M - $1.19M
$3,147/mo
Zestimate® history
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$6,365/mo
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Conley 508-265-3824,
Coldwell Banker Realty - Westwood 781-320-0550
Bought with:
Karen Peters
Gibson Sotheby's International Realty
Source: MLS PIN,MLS#: 73298331
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range, Dishwasher, Refrigerator
Features
- Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Flooring: Tile, Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,599
- Total interior livable area: 3,599 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Porch, Deck
- Exterior features: Balcony/Deck
Lot
- Size: 0.29 Acres
- Features: Gentle Sloping, Level
Details
- Parcel number: 156141
- Zoning: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1913
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Park, Private School, Public School
Location
- Region: Norwood
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $746,200
- Annual tax amount: $7,812
- Date on market: 1/8/2026
- Exclusions: All Personal Property
- Total actual rent: 1000
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2024 | Sold | $1,020,000+7.5%$283/sqft |
Source: MLS PIN #73298331 Report a problem | ||
| 10/9/2024 | Contingent | $949,000$264/sqft |
Source: MLS PIN #73298331 Report a problem | ||
| 10/3/2024 | Listed for sale | $949,000+3.2%$264/sqft |
Source: MLS PIN #73298331 Report a problem | ||
| 9/24/2024 | Listing removed | $919,900$256/sqft |
Source: MLS PIN #73138932 Report a problem | ||
| 8/16/2023 | Contingent | $919,900$256/sqft |
Source: MLS PIN #73138932 Report a problem | ||
| 7/20/2023 | Listed for sale | $919,900$256/sqft |
Source: MLS PIN #73138932 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,464 +8.3% | $804,600 +7.8% |
| 2024 | $7,813 +10.2% | $746,200 +8.6% |
| 2023 | $7,093 -0.8% | $687,300 +3.3% |
| 2022 | $7,152 -0.4% | $665,300 +5.1% |
| 2021 | $7,178 +10.2% | $633,000 +8.4% |
| 2020 | $6,512 +10.5% | $584,000 +7.9% |
| 2019 | $5,893 +4.6% | $541,100 +6.5% |
| 2018 | $5,635 +3.2% | $508,100 +3.8% |
| 2017 | $5,458 +6.4% | $489,500 +6.1% |
| 2016 | $5,131 +18.4% | $461,400 +22.1% |
| 2015 | $4,333 +1.1% | $377,800 +2.1% |
| 2014 | $4,286 -3.1% | $370,100 -7.6% |
| 2013 | $4,423 -0.3% | $400,600 -4.5% |
| 2012 | $4,437 +4.7% | $419,400 |
| 2011 | $4,236 -4.6% | $419,400 -11.8% |
| 2010 | $4,438 +5.7% | $475,700 -4.2% |
| 2009 | $4,199 -0.8% | $496,300 -4.7% |
| 2008 | $4,234 +13.5% | $520,800 +5.3% |
| 2007 | $3,730 +2.7% | $494,700 |
| 2006 | $3,631 +19.3% | $494,700 +34.4% |
| 2005 | $3,044 -14% | $368,100 |
| 2004 | $3,541 +5% | $368,100 |
| 2003 | $3,372 +5.8% | $368,100 +46.1% |
| 2001 | $3,188 +32.4% | $252,000 +33.6% |
| 1997 | $2,407 | $188,600 |
Find assessor info on the county website
Neighborhood: 02062
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Nearby schools
GreatSchools rating
- 6/10F.A. Cleveland Elementary SchoolGrades: 1-5Distance: 0.6 mi
- 5/10Dr. Philip O. Coakley Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Norwood High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$1,104,600
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Estimated market value
$1,104,600
- Massachusetts
- Norfolk County
- Norwood
- 02062
- 49 Phillips Ave
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