40-40 1/2 Savin Avenue, Norwood MA 02062

Norwood, MA 02062
$900,000
Est. $5,442/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
3
Baths
3,732
Sq Ft
$241
Price/Sq Ft
0.17
Acres
1900
Year Built
7
Parking
2
Days on Market
For Sale Open House Listed Sep 30, 2026 • MLS# 73584362 Copied! • Updated Oct 1, 2026

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Open House Schedule

04
Oct
Sunday, October 4
12:00 PM - 1:00 PM EDT

About this home

RARE Opportunity! TWO Properties for ONE Price! Savvy Buyers head over to Savin! Owned by the same family for over 100 years, 40 & 40½ Savin Ave have been part this family for nearly a Century & are NOW be Offered to the Public. TWO separate homes on ONE lot with possibilities for Investors, Owner Occupied or multigenerational family Buyers. 40 Savin is MULTI-FAMILY Home has 2 Units with period details including hardwood floors, bay windows, built-ins & original woodwork bring character and charm throughout. PLUS Third-floor with plumbing and additional rooms that were used previously as rental offers a possible 3rd Unit. SINGLE FAMILY Home is 40½ Savin, 3 Bed Colonial with Welcoming front porch, traditional floor plan and all 3 Beds & bath on 2nd floor. Bring your vision! Original kitchens & baths offer the opportunity to update at your pace and make these homes your own. Priced Reflects updating ahead, Come See the potential to build value while preserving the character that makes this property special. Separate entrances and distinct living space and a layout offers families the convenience of having everyone on 1 Property. Shared yard, 2 Separate driveways for 6+ off-street parking spaces. Live in one home & Generate income from the Multi-Family. TRUE Multi-Generational Property or INVESTORS DREAM. Prime Location, close to Norwood Center, Commuter Rail, Restaurants, Rte 1, Rte 1A & I-95. HURRY, TWO PROPERTIES ONE PRICE. Showings begin at the Open House Friday, 10/2 at 5-6pm & Sunday, 10/4 at 12-1pm.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 30, 2026
$900,000
Original listing
Agent: The Kouri Team Office: Keller Williams Realty Boston South West

Tax History

Year Taxes Assessment
2026 $8,295 $844,700

Financial Details

Annual Property Tax
$8,295
Tax Year 2026
Assessed Value
$844,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,732 sq ft
Lot Size 0.17 acres
Stories 4
Bedrooms 5
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $1,000/mo · Y
Unit 2 Rent $1,000/mo · Y
Unit 3 Rent — · N
Total Monthly Rent $2,000/mo
Gross Income $24,000
Net Operating Income $24,000
Cap Rate 2.67%
Heating Central, Hot Water, Natural Gas
Cooling None
Flooring Wood, Tile, Hardwood
Appliances Washer, Dryer, Range, Refrigerator, Dishwasher, Microwave
Fireplace None
Basement Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Pantry, Storage, Bathroom With Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street, Paved
Total Spaces 7
Electric Circuit Breakers, 60 Amps/less, 100 Amp Service, Individually Metered, Varies Per Unit
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $8,295
Assessed Value $844,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Yes
Seller Disclosures 2 Homes Being Sold Together. #40 Savin Ave. Multi-family Home & #40½ Savin Ave. Single Family Home. Can Not Be Sold Separately. Buyers And Buyers Agents To Do Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
House Color Whi & Yell
Sq Ft Source Measured
Sq Ft Disclosures 2,239 sf for #40 (Units 1 & 2 White) & 1,493 sf for #40 1/2 (Unit 3 Yellow)
Documents None
County Norfolk
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Living Area
3,732 sq ft
Total Rooms
14
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Washer, Dryer, Range, Refrigerator, Dishwasher, Microwave
Interior Features: Pantry, Storage, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows:
Basement: Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Central, Hot Water, Natural Gas
Heating Zones: 4
Cooling: None
Hot Water: Natural Gas, Electric, Tank, Varies Per Unit
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 7
Parking Features: Paved Drive, Off Street, Paved
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

3 schools
C
Balch School
0.3 mi | #588 of 825 | Score: 41.4
Improved 109 spots from last year
-16.8 below state avg
230 students Diverse
Rising School Diverse Student Body
Grades 01-04
B
F.A. Cleveland Elementary School
0.7 mi | #393 of 825 | Score: 48.0
Dropped 160 spots from last year
-10.3 below state avg
266 students Diverse
Grades 01-04
Norwood Montessori School
0.8 mi
Grades PK-06
M

Middle Schools

3 schools
B-
Dr. Philip O. Coakley Middle School
0.7 mi | #181 of 352 | Score: 42.0
Dropped 13 spots from last year
-16.2 below state avg
1,070 students Diverse
Diverse Student Body
Grades 05-08
A-
Walpole Middle School
2.7 mi | #102 of 352 | Score: 49.4
Dropped 15 spots from last year
-8.8 below state avg
875 students Moderate
Strong Attendance
Grades 06-08
A+
E.W. Thurston Middle School
2.7 mi | #27 of 352 | Score: 60.5
Dropped 3 spots from last year
+2.3 above state avg
633 students Moderate
Strong Attendance
Grades 06-08
H

High Schools

3 schools
B-
Norwood High School
0.8 mi | #209 of 346 | Score: 51.7
Dropped 8 spots from last year
-6.5 below state avg
937 students Diverse
18 sports • 1,594 athletes
High Graduation Rate Strong Athletics Diverse Student Body
Grades 09-12
B+
Norfolk County Agricultural High School
2.2 mi | #117 of 346 | Score: 59.2
Dropped 9 spots from last year
+1 above state avg
599 students Less Diverse
9 sports • 380 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
Xaverian Brothers High School
2.4 mi
16 sports • 3,034 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $691
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
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Year 1
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Year 15
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Year 30
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Neighborhood

40-40 1/2 Savin Avenue, Norwood MA 02062

Norwood, MA 02062

Listing Information

Listing Agent The Kouri Team
Listing Office Keller Williams Realty Boston South West
Office Phone 781-251-2101
Agent MLS ID TM008602
Office MLS ID BB3351
Listing Data Updated Oct 1, 2026 9:07 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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Steve Novak Real Estate
Steve Novak Real Estate
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