$1,199,000
 $6,436 est/mo Sourced by Back At You

248 Washington Street,Norwood, MA 02062

Norwood, MA 02062

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Description

Welcome to this exceptional investment opportunity with a prime commuter friendly location with an attractive 7+ CAP RATE. Recently renovated 3 family near the Westwood line. This young investment property presents an incredible opportunity for anyone seeking a cash-flowing property with three generously sized units, all separate utilities and a strong rental history. The property has been well maintained and features newer kitchens with new appliances, renovated bathrooms, oversized rooms and a shared yard. Plenty of parking spaces and separate laundry facilities with additional storage in basement. Within walking distance to the train, shops, restaurants and supermarkets.

Details

MLS #73568240
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1959
Days On Site47
Listing Provided ByCapital Realty Group | Michael Lord

Features

Bed(s)7
Bath(s) 3 Total
SQ Feet2,488
BasementY
Story(s)3
Units3
ZoningR
Acreage0.11

Interior

Rooms Total14
Heating Yes / NoYes
HeatingNatural Gas
Interior FeaturesLiving Room, Kitchen
Window FeaturesInsulated Windows
AppliancesRange, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Common
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount7373
Tax Assessed Value750800
Tax Block00021
Tax Lot00038
Tax Year2026
Tax Map Number00004

Location

Community FeaturesPublic Transportation, Shopping, Medical Facility, Highway Access, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyNorfolk
CityNorwood
Zip Code02062
AreaNorfolk
Listing VS Median (in 02062)
Price:
$1,199,000
low | high
Med:
$625,000
97.873227689741% of Average
sqft:
2,488
low | high
Med:
1,849
75.683279742765% of Average
$ / sqft:
$482
low | high
Med:
$338
79.858621142281% of Average
On site:
47
low | high
Med:
42
100% of Average
Sourced by Back At You

Market Activity 02062

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Learn More About This Property

StateMA
CountyNorfolk
CityNorwood
Zip Code02062
AreaNorfolk
Listing VS Median (in 02062)
Price:
$1,199,000
low | high
Med:
$625,000
97.873227689741% of Average
sqft:
2,488
low | high
Med:
1,849
75.683279742765% of Average
$ / sqft:
$482
low | high
Med:
$338
79.858621142281% of Average
On site:
47
low | high
Med:
42
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 7:19:07 AM PDT