5 Jacobs Road, Norwood, MA 02062

Property Description

AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS AND OWNER-OCCUPANTS ALIKE! Discover the incredible potential of this three-family property, privately tucked away at the end of a dead-end street in a desirable Norwood location! Offering approximately 2,900 SF of living space on an impressive 16,055 SF lot, this property combines investment potential, classic charm, and a convenient location. Hardwood flooring throughout, beautiful original woodwork, and natural-finish wainscoting showcase the home's timeless character and craftsmanship. The first-floor unit features five rooms, three bedrooms, one full bath, and FHA gas heat. The second-floor unit offers a similar five-room, three-bedroom layout with one full bath and a newer Navien heating system. The second floor will be delivered VACANT at closing, presenting an ideal opportunity for an owner-occupant looking to offset mortgage expenses with rental income! The third-floor unit features three rooms, one bedroom plus a den, one full bath, and electric baseboard heat. Additional highlights include front and rear porches, some newer replacement windows, ample off-street parking, and a spacious lot offering a private setting. Conveniently located near schools, shopping, public transportation, and all that Norwood has to offer. Whether you're looking to expand your investment portfolio or make homeownership more affordable through rental income, this property offers tremendous potential! With an established rental history and opportunities for future improvements and rental growth, the possibilities are exciting. Showings by appointment; 24+ hours' notice preferred. Second floor to be shown with an accepted offer. Property is being sold AS IS.