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ActiveListed 70 days ago

$1,150,000

248 Washington Street, Norwood, MA 02062

7
beds
3
baths
2,488
sqft
Lot sizeThe land that comes with the home, as reported to the MLS.
5,000 sqft
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.
70 days ago
Property type
3 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.
6 spaces
Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
$7,373

What’s Special

Exceptional investment opportunity near the Westwood line, offering an attractive 7%+ cap rate with additional upside potential from below-market rents! This recently renovated three-family property combines strong cash flow with a solid rental history. Each of the three spacious units features updated kitchens with newer appliances, renovated bathrooms, generously sized rooms, and separate utilities. Recent improvements include newer roofs and low-maintenance siding. Additional highlights include ample off-street parking, a shared yard, separate laundry facilities, and basement storage. Ideally located in a commuter-friendly neighborhood within walking distance to the train, shops, restaurants, and supermarkets. Comparable monthly rents within the complex are approximately $2,650, $2,650, and $3,700, offering potential for future income growth. A turnkey investment opportunity with immediate cash flow and long-term appreciation potential!

Listing courtesy of Michael Lord, Capital Realty Group · MLS PIN #73568240

Facts & Features

Status
Active
Active status flag
Active
Bedrooms
7
Bathrooms
3 full
Living area
2,488 sqft

Interior

2
  • Living Room
  • Kitchen

Parking

2
  • Paved Drive
  • Common

Heating

1
  • Natural Gas

Appliances

2
  • Range
  • Refrigerator

MLS PIN #73568240 · Listed August 26, 2026

Location

248 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.