New Listing
Open House LogoIn-Person: 10/02 5:00 PM - 6:00 PM
In-Person: 10/04 12:00 PM - 1:00 PM
$900,000
 $4,831 est/mo Sourced by Back At You

40-40 1/2 Savin Avenue,Norwood, MA 02062

Norwood, MA 02062

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Description

Double the Opportunity on Savin! Owned by the same family for over 100 years, 40 & 40½ Savin Ave have been part of one family's story for nearly a century and are now ready for their next chapter. Rare opportunity offering TWO separate homes on ONE lot with possibilities for the savvy investor, owner-occupant or multigenerational buyer. Front home, #40, is a two-family with a 1-bedroom, 1-bath residence on each of the first & second floors. Period details including hardwood floors, bay windows, built-ins & original woodwork bring character and charm throughout. But wait, there's MORE! A full staircase leads to additional third-floor bonus space offering exciting future possibilities for buyers willing to explore improvements, permitting & code requirements. Tucked behind is #40½, a separate 3-bedroom, 1-bath single-family home with a welcoming front porch, traditional floor plan and all bedrooms & bath on the second floor. Bring your vision! Original kitchens & baths offer the opportunity to update at your pace and make these homes your own. Priced to reflect the updating ahead, savvy buyers will see the potential to build value while preserving the character that makes this property special. With separate entrances and distinct living spaces, the layout offers the independence buyers want with the convenience of having everyone-or everything-on one property. Outside, a shared yard adds room to enjoy the seasons, while off-street parking adds everyday practicality. Live in one home while generating income from the others, create a multigenerational setting where everyone has their own space, or explore the investment potential of all three residences. Imagine parents, adult children or extended family living just steps away-close enough to share everyday life while enjoying the privacy of separate homes. Investors will recognize the opportunity to improve, update & build value over time. Conveniently located near Norwood Center, restaurants, shops, services, Norwood Theatre & Town Common. Commuters will appreciate access to Norwood Depot & Norwood Central commuter rail stations plus convenient connections to Rte 1, Rte 1A & I-95. Both homes are included in the sale & must be purchased together. One property. Two homes. Three existing residences. So MANY possibilities. Bring your ideas & Make a Wise Move on Savin! Showings begin at the Open House Friday, 10/2 at 5-6pm & Sunday, 10/4 at 12-1pm

Details

MLS #73584362
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Listing Provided ByKeller Williams Realty Boston South West | The Kouri Team

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet3,732
BasementY
Story(s)4
Units3
ZoningB
Acreage0.17

Interior

Rooms Total14
Cooling Yes / NoNo
CoolingNone
Heating Yes / NoYes
HeatingCentral, Hot Water, Natural Gas
Interior FeaturesPantry, Storage, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
AppliancesWasher, Dryer, Range, Refrigerator, Dishwasher, Microwave
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Tile, Hardwood

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsStone
Lot FeaturesLevel

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street, Paved
Open Parking Yes / NoYes

Utilities

Utilitiesfor Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
SewerPublic Sewer
Electric60 Amps/Less, 100 Amp Service, Individually Metered, Varies per Unit

Taxes

Tax Annual Amount8295
Tax Assessed Value844700
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Senior Community Yes / NoNo

Area Information

StateMA
CountyNorfolk
CityNorwood
Zip Code02062
AreaNorfolk
School DistrictNorwood High
Elementary SchoolWillett Elementary
High SchoolNorwood High
Listing VS Median (in 02062)
Price:
$900,000
low | high
Med:
$547,500
89.166666666667% of Average
sqft:
3,732
low | high
Med:
1,294
100% of Average
$ / sqft:
$241
low | high
Med:
$428
27.30176763123% of Average

Market Activity 02062

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Learn More About This Property

Open House
In-Person
10/02 5:00 PM - 6:00 PM
In-Person
10/04 12:00 PM - 1:00 PM
StateMA
CountyNorfolk
CityNorwood
Zip Code02062
AreaNorfolk
School DistrictNorwood High
Elementary SchoolWillett Elementary
High SchoolNorwood High
Listing VS Median (in 02062)
Price:
$900,000
low | high
Med:
$547,500
89.166666666667% of Average
sqft:
3,732
low | high
Med:
1,294
100% of Average
$ / sqft:
$241
low | high
Med:
$428
27.30176763123% of Average
Nearby Listings (Within 1/4 mile)
Price: $675K - $1.125M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
16 Saint James Ave Property Photo 1
$970,000
16 Saint James Ave
Norwood, MA 02062
Listing Updated: September 30, 2026 at 11:03:05 AM PDT
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