This multi-family home in Norwood offers a fantastic opportunity for both investors and homeowners. The second floor is currently rented, providing immediate rental income, while the other first floor unit will be delivered vacant, ready for new occupants or owner occupancy. The property features a spacious layout with 4 bedrooms and 2 full bathrooms, spread over two floors. Outside, an expansive lot with a large driveway offers ample parking, with space for more than six cars. Newer roof, electrical panel, and individual heating systems for each unit. Located near parks and shopping, as well as all that Norwood has to offer, this property combines convenience with excellent potential.
Basement:
Full, Walk-Out Access, Interior Entry
Parking:
6-car, Paved Drive, Off Street, Paved
Sub-Agency Relationship Offered:
No
66-68 Phillips Ave, Norwood, MA, 02062
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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