3 Family at 5 Jacobs Road, Norwood
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$995,000

5 Jacobs Road
Norwood, MA 02062
Listed by Ron Resha
Bedrooms
7
Bathrooms
3
Living area
2,860 sqft
Year built
1925

About this home

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.

Property details

MLS
MLS Property Information Network
MLS #
73587481
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
28
On market date
October 7, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
5
Lot size
0.37 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Balch
0.62 mi away · Grades 1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
309
Student:teacher ratio
10.7:1
District
Norwood
Middle
Dr. Philip O. Coakley Middle School
0.26 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
727
Student:teacher ratio
10.5:1
District
Norwood
High
Norfolk County Agricultural
1.46 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
588
Student:teacher ratio
10.3:1
District
Norfolk County Agricultural

Walkability

Blended score for Norwood's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

75
Walkable
out of 100
EPA National Walkability Index
11.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks13
Schools20
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Norwood, from live MLS data.

On the market 28 days -- 76 fewer days than Norwood's current average of 104 days.
For reference, the median list price across 174 active listings in Norwood right now is $564,500.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$6,142/mo
$199,000 down
$796,000 loan
Principal & interest$5,163
Property tax (est.)$829
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 3 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.