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ActiveListed 14 days ago

$2,300,000

248-252 Washington Street, Norwood, MA 02062

14
beds
6
baths
4,976
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
0.69 acres
Year builtThe year the building was originally built, as reported by the listing agent.
1959
On the marketDays since the home was listed. New listings tend to move fastest.
14 days ago
Property type
5-9 Family
Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
$462
ParkingSpaces that come with the home, as reported to the MLS.
12 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$14,800

What’s Special

Exceptional investment opportunity offering immediate cash flow, stable rental income, and long-term appreciation potential! This unique package includes two fully occupied three-family homes at 248 and 252 Washington Street, plus four adjoining vacant lots, totaling approximately 30,000 SF of land. Each identical building features two 2-bedroom units and one 3/4-bedroom unit, providing six income-producing apartments in a strong rental market with consistent tenant demand. Both properties offer solid construction, newer roofs, vinyl siding, poured concrete foundations, separate utilities, and ample off-street parking—making them attractive, low-maintenance investments with manageable operating expenses. Ideally situated near the Westwood line, within walking distance to the commuter rail, shopping, restaurants, and everyday amenities, the location supports continued rental demand and long-term value. The four additional lots provide further investment flexibility and potential upside, (subject to buyer verification of zoning and permitted uses). A rare opportunity to acquire an established, fully occupied multifamily portfolio with immediate income, diversified rental streams, and substantial land holdings in one transaction.

Listing courtesy of Michael Lord, Capital Realty Group · MLS PIN #73593610

Facts & Features

Status
Active
Active status flag
Active
Bedrooms
14
Bathrooms
6 full
Living area
4,976 sqft

Interior

2
  • Living Room
  • Kitchen

Parking

2
  • Paved Drive
  • Common

Heating

1
  • Natural Gas

Appliances

2
  • Range
  • Refrigerator

MLS PIN #73593610 · Listed October 21, 2026

Location

248-252 Washington Street, Norwood · All Norwood homes

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Call (857) 322-7325
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.