47 Chapel St - Apartments FOR SALE


Norwood, MA 02062- Outer Route 1 South
$9,000,000 USD
857-212-6161
47 Chapel St, Norwood, MA for Sale
$9,000,000 USD
Apartments - FOR SALE
1/13
null | 6.17% Cap Rate

47 Chapel St
Norwood, MA 02062
Outer Route 1 South


HIGHLIGHTS

  • Easy access to town center, easy access to commuter rail and commuter rail area.

OVERVIEW

THE CHAPEL STREET PORTFOLIO presents a rare opportunity to acquire a fully stabilized, cash-flowing multifamily asset located in the highly desirable suburb of Norwood, Massachusetts. Comprising 34 residential units, 47 Chapel Street offers a unique blend of suburban charm and urban accessibility, just steps from Norwood Center and less than 0.5 miles from the Norwood Commuter Rail Station, providing a direct connection into downtown Boston. With a strong history of full occupancy, this asset benefits from consistent rental income and robust tenant demand. Norwood's growing economy, combined with a limited local supply of quality rental housing, makes this a premier investment opportunity in a proven and expanding submarket.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$476 USD /SF

# OF UNITS

34

PRICE/UNIT

$264,706

CAP RATE

6.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,608 SF

ZONING

G, Norwood

APN/PARCEL ID

NORW-000003-000006A-000043

ASK ABOUT THIS PROPERTY

David DobrowolskiBlock RealtyMore Info
857-212-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David DobrowolskiBlock RealtyMore Info
857-212-6161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.