Three-Level Multifamily
50 Tremont Street Norwood, MA 02062
For Sale
$799,800
Pending
Three-level multifamily property with six bedrooms, three full baths, and a two-car garage on a dead-end street.
Property Size2,748 SF
Days on Market86
Property Features for 50 Tremont Street
General Information
- Standard status
- Pending
- Size
- 2,748 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1994
Listing Agency:
Easton Real Estate, LLC
(508) 230-8600
Listed By:
Jordan Healy
(413) 717-0635
Source:
Lockandkeyre
Added: Apr 30
Changed: Jul 23
Last Checked: Jul 23 at 5:43AM
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 Easton Real Estate, LLC
Investment Insights
Based on property information with market context.
This three-level multifamily residence was constructed in 1994 and includes a two-car garage. The main living area totals 2,046 square feet, not including a finished basement with bonus rooms and an additional bathroom. Across the property, there are six bedrooms and three full bathrooms, providing flexible layout options for multiple households.
Set on a dead-end street, the property offers off-street parking and convenient access to Norwood Central train station.
Showings are limited to the two open houses on Saturday, May 2 and Sunday, May 3. Offers are due Tuesday, May 5 by 1:00 PM.
Set on a dead-end street, the property offers off-street parking and convenient access to Norwood Central train station.
Showings are limited to the two open houses on Saturday, May 2 and Sunday, May 3. Offers are due Tuesday, May 5 by 1:00 PM.
Key Highlights
- Three‑level multifamily property built in 1994
- 2046 SF of living space, not including the finished basement with bonus rooms and a bonus bathroom
- 6 bedrooms and 3 full bathrooms
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 | $74.2k | $27.00 |
| − Vacancy | −$3.9k | −$1.41 |
| EGI | $70.3k | $25.59 |
| − OpEx | −$21.1k | −$7.68 |
| NOI | $49.2k | $17.91 |
2,748 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$703.2K
$615.3K – $820.4K
NOI $49,226 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$648.8K
$567.7K – $757.0K
NOI $45,419 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,876 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Three-level multifamily property with six bedrooms, three full baths, and a two-car garage on a dead-end street.
Where is this duplex located?
The property is located at 50 Tremont Street Norwood, MA.
What is the asking price?
The asking price for this property is $799,800.
What are key features of this property?
This property features: Three‑level multifamily property built in 1994; 2046 SF of living space, not including the finished basement with bonus rooms and a bonus bathroom; 6 bedrooms and 3 full bathrooms
