476-478 Walpole St, Norwood, Massachusetts 02062

$1,400,000
List Price
$1,400,000
Price Change
▼ $100,000 1637173463
MLS#
72915059
Lot Size
14,374
County
Norfolk
Year Built
1910
Status
ACTIVE

Property Description

Two nice buildings on 1A, 8 units total! The neighborhood is hot and will be sizzling when Big Y plaza is finished. Broker is owner. No leases. These structures are easily $1M/each, but I will sell both for $1.4m if buyer can close fast and respect my tenants (all 60 day TAW). The house has 4 apts. (three 2BR's and one 1BR) plus a fifth bonus unit in bsmt (studio w/ full bath), plus a coin laundry. It's frame with vinyl and new roof. The commercial building (about 4800 sf) currently has 3 units of office, whse, storage, w/2 half-baths, it can be reconfigured as I've done over the years to suit tenants. My crew is upgrading exterior now. This is a heavy-duty structure originally built as a commercial bakery,... poured concrete walls, steel trusses, 600 amp 3-phase power, floor drains, multiple heat zones, new roofs! I lowered the rents last year for covid relief, currently getting 75% of market but gross over $11 or $12K/month as-is. Huge potential. Low expenses. Serious buyers plz.

Additional Information

Days on Market
24
Taxes
$7,250
Tax Year
2021
Construction
Other (See Remarks)
Parking Spaces
16
Acres
0.33
Disclosures
Listing broker is the owner. It's worth much more, seeking a buyer who will close asap and be fair for my tenants, all 60-day TAW's. Got a clean 21E many years ago, should still be fine, only clean uses since. And it's all deleaded!

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Listing courtesy of Tony Deban from Anthony F. Deban

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