About this property

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

Property details

Location

More about investing in Norwood →

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.