White-sided multi-story residence with a raised foundation and wooden deck beside a driveway.
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
SEE ALL PHOTOS
White-sided multi-story residence with a raised foundation and wooden deck beside a driveway.
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
248 Washington Street
For Sale

248 Washington Street

248 Washington Street, Norwood, MA 02062

$1,150,000
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!

7
beds

3
baths

2,488 Sq.Ft. LIVING AREA

5,000 Sq.Ft. lot

Michael Lord

Michael Lord

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms3
  • full bathrooms3
  • APPLIANCES Range, Refrigerator
  • other interior Features Living Room, Kitchen

Area & Lot

  • Status For Sale
  • Living Area2,488 Sq.Ft.
  • Total Area2,488 Sq.Ft.
  • Lot Area5,000 Sq.Ft.
  • MLS® ID73568240
  • TypeMulti-Family
  • YEAR BUILT1959

Exterior

  • STORIES3
  • water SourcePublic
  • roofShingle
  • parkingPaved Drive, Common
  • HEAT TYPENatural Gas
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$1,150,000
  • Real Estate Tax $7,373/yr
  • Zoning R
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Schedule a Showing

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Thank you for your interest in 248 Washington Street, Norwood, MA 02062. We are reviewing your request and will be in touch shortly!

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