34-Unit Multifamily Apartment
For Sale
Contact for pricing
47 Chapel St, Norwood, MA 02062
Stabilized 34-unit apartment community with a 32-unit garden style building plus a 2-unit building.
Property SizeContact for details
Days on Market119
Property Features for 47 Chapel St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
34
Listing Agency:
Hunneman
Listed By:
David Ross · License #MA 131004-RE-B
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 10:20AM
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 Hunneman
Investment Insights
Based on property information with market context.
47 Chapel Street is a 34-unit apartment community in Norwood, Massachusetts. The property includes a 32-unit garden style apartment building and a separate 2-unit building. The complex is described as well-maintained and managed, with recent capital improvements and apartment finish upgrades.
The offering is presented as 100% occupied, providing in-place income. The property is also described as offering future upside through rental growth and additional capital improvements and efficiencies.
This multifamily layout supports a mix of garden-style units and a smaller two-unit component within the same community.
The offering is presented as 100% occupied, providing in-place income. The property is also described as offering future upside through rental growth and additional capital improvements and efficiencies.
This multifamily layout supports a mix of garden-style units and a smaller two-unit component within the same community.
Key Highlights
- 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
Property Analytics
Current Use
Lease Details
34
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 02062, MA
31,611
Population
13,961
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
3,011
Density / Sq Mi
$97,110
Median Household Income
$60,434
Median Earnings
$2,056
Median Rent
$613,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Stabilized 34-unit apartment community with a 32-unit garden style building plus a 2-unit building.
Where is this apartment building located?
The property is located at 47 Chapel St Norwood, MA.
What are key features of this property?
This property features: 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
