2-Family Residence with Central
26 Tremont St Norwood, MA 02062
26 Tremont St, Norwood, MA, 02062
$850,000
For Sale
$850,000
Two-family income property includes central air, gas heat, and basement laundry serving both units.
Property Size1,812 SF
Lot Size0.23 Acres
Price / SF$469.09
Days on Market51
Property Features for 26 Tremont St
General Information
- Standard status
- Active
- Size
- 1,812 SF
- Lot size
- 0.23 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1910
Listing agency
Colonial Realty Associates, LLC
(781) 316-4295
Listed by
Matthew Moran
(781) 316-4295
Source
Alliancepartnersre
Added: Jun 1 Updated: Jul 21 at 4:54AM Checked: Jul 21 at 4:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colonial Realty Associates, LLC
Investment Insights
Based on property information with market context.
This well-maintained 2-family residence is set up for flexible living and rental income. Unit 1 includes a furnished lower-level in-law style 1-bedroom, 1-bath unit along with an additional connected 1-bedroom, 1-bath main-level unit. Unit 2 spans two floors and provides 3 bedrooms and 1 full bathroom with spacious living areas. Laundry is located in the basement and is accessible to all units. Both units feature gas heat and central air conditioning.
The property is located on a quiet dead-end street just off Washington Street in Norwood. It sits on a large, paved lot with parking for numerous vehicles, offering convenient on-site accommodation for residents and guests.
Private showings are available, with tenants currently in place through the end of May 2026.
The property is located on a quiet dead-end street just off Washington Street in Norwood. It sits on a large, paved lot with parking for numerous vehicles, offering convenient on-site accommodation for residents and guests.
Private showings are available, with tenants currently in place through the end of May 2026.
Key Highlights
- 1910‑built 2‑family property with gas heat and central air conditioning in all units
- Unit 1 includes a furnished 1BR/1BA lower‑level in‑law style unit plus an additional 1BR/1BA connected main‑level unit
- Unit 2 is a two‑floor layout offering 3 bedrooms and 1 full bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.9k | $27.00 |
| − Vacancy | −$2.6k | −$1.41 |
| EGI | $46.4k | $25.59 |
| − OpEx | −$13.9k | −$7.68 |
| NOI | $32.5k | $17.91 |
1,812 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$463.7K
$405.7K – $541.0K
NOI $32,459 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$427.8K
$374.4K – $499.2K
NOI $29,949 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.07M
$938.6K – $1.25M
NOI $75,089 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gmoura Painting
Painting
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family income property includes central air, gas heat, and basement laundry serving both units.
Where is this duplex located?
The property is located at 26 Tremont St Norwood, MA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 1910‑built 2‑family property with gas heat and central air conditioning in all units; Unit 1 includes a furnished 1BR/1BA lower‑level in‑law style unit plus an additional 1BR/1BA connected main‑level unit; Unit 2 is a two‑floor layout offering 3 bedrooms and 1 full bathroom
