Home Homes for Sale 248 Washington Street, Norwood MA 02062
$1,199,000
$482/sqft · Norwood, MA
7Beds
3Baths
2,488Sqft
0.11 acresLot Size
248 Washington Street, Norwood MA 02062
Active Listed 4 days ago
3 Family Built in 1959 0.11 Acre Lot 6 Parking Spaces

What's Special

3 FamilyBuilt in 19596 Parking Spaces

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.

Location

Property Details

Core Details

Property Type3 Family
Year Built1959
Parcel Number156638
ZoningR
Stories3
MLS #73568240

Space & Sizing

Living Area2,488 sqft
Above Grade2,488 sqft
Total Rooms14
Bedrooms7
Bathrooms3
Lot Size0.11 acres

Features & Systems

Parking6 Parking Spaces
Open Parking6
Heating3 Zones
ConstructionFrame
FoundationConcrete Perimeter
RoofShingle
HeatingNatural Gas
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Appliances
Range Refrigerator
Community Features
Highway Access Medical Facility Public School Public Transportation Shopping
Interior Features
Kitchen Living Room
Levels
3
Lead Paint
Certified Treated
Parking Features
Common Paved Drive
Road Surface Type
Paved
Window Features
Insulated Windows

Additional Information

Disclosures: Property to be purchased in "as is" condition and buyer/buyer agent shall verify all information and conduct their own due diligence. Seller has never occupied the property.

Directions: GPS

Financial Details

Annual Taxes$7,373 (2026)
Assessed Value$750,800
Gross Income$103,800
Net Operating Income$103,800
Tax Map / Block / Lot00004 / 00021 / 00038
Tax Book Number40324
Listed on Aug 26, 2026 Updated Aug 30, 2026 7:07 AM Norfolk County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73568240

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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.

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