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    34-Unit Multifamily Apartment Community
    Updated: Apr 12
    34-Unit Multifamily Apartment Community

    47 Chapel St, Norwood, MA 02062

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    34‑unit apartment community at 47 Chapel Street in Norwood, MA
    Includes a 32‑unit garden‑style apartment building plus a 2‑unit building
    100% occupied with strong in‑place rental income
    Well‑maintained and managed complex with recent capital improvements
    Apartment finish upgrades and future upside through rental growth and additional improvements
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Norwood, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Story Multifamily Building
    Three-Story Multifamily Building

    1508 Central St, Stoughton, MA 02072

    $1,724,900
    6,567 sqft 0.35 AC lot

    Three-story, 6-unit residential income property with separate utilities, updated electrical, heating, and newer hot water systems.

    View details
    Three-Story Multi-Family Building
    Three-Story Multi-Family Building

    1508 Central Street, Stoughton, MA 02072

    $1,699,900
    6,567 sqft 0.35 AC lot

    Three-story six-unit building with separate utilities, updated electrical, heating, and newer hot water systems.

    View details
    New Six-Unit Condominium Building
    New Six-Unit Condominium Building

    3915 Washington Street, Boston, MA 02131

    $2,895,000
    4,500 sqft

    Newly constructed six-unit building with one-bed, one-bath residences featuring central A.C. and in-unit laundry.

    View details
    Five-Unit Residential Income Building
    Five-Unit Residential Income Building

    533 Washington Street, Boston, MA 02124

    $2,750,000
    6,000 sqft

    Gut-renovated Victorian converted to five residential units with brand-new sprinkler and fire alarm systems.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Norwood, MA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Norwood, MA on our real estate platform.

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    Demographics Overview

    Population 31K
    Population Growth (5Y) +7.5%
    Median Household Income $97,110
    College Educated 75.4%

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $22.30 per SF
    Tax Rate vs County Average 0.30 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Norfolk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Norwood fall within the 10,000 to 25,000 square foot range.

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