248-252 Washington Street, Norwood, MA 02062
Local realty services provided by:ERA Key Realty Services
248-252 Washington Street,Norwood, MA 02062
$2,300,000
- 14 Beds
- 6 Baths
- 4,976 sq. ft.
- Multi-family
- Active
Listed by: michael lord
Office: capital realty group
MLS#:73593610
Source:MLSPIN
Price summary
- Price:$2,300,000
- Price per sq. ft.:$462.22
About this home
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....
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Home facts
- Year built:1959
- Listing ID #:73593610
- Updated:October 28, 2026 at 12:02 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:6
- Full bathrooms:6
- Rooms Total:28
- Kitchen Description:Kitchen, Range, Refrigerator
- Basement Description:Full
- Living area:4,976 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1959
- Building area:4,976 sq. ft.
- Lot area:0.69 Acres
- Construction Materials:Frame
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,300,000
- Price per sq. ft.:$462.22
- Tax amount:$14,800 (2026)
Features and amenities
- Appliances:Range, Refrigerator
Parking
- Total parking spaces:12
- Parking description:Common, Paved Drive
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