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Active

248 Washington Street

Norwood, MA 02062

Offered at$1,199,000

Residential Income · Active · MLS #73568240
Listing Courtesy of Capital Realty Group | Michael Lord

7Bedrooms
3Bathrooms
2,488Square feet
1959Year built

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MLS PIN data

About this home

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.

Property information

Details at a glance

Interior

Rooms
14
Heating
Natural Gas

Building

Style
3 Family
Year built
1959
Parking
6
Foundation
Concrete Perimeter
Roof
Shingle

Land & utilities

Lot size
0.11 acres
Water
Public
Sewer
Public Sewer
Zoning
R

Financial

Annual taxes
$7,373
Assessment year
2026

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,182,685

Estimated range $1,130,490$1,234,880

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationbelow average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Norwood

MetricThis propertyNorwood
List price$1,199,000$1,199,000Near the local benchmark
Price / sq ft$482$4712% above local
Days on market88Near the local benchmark
Explore homes in Norwood

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 248 Washington Street

Can I schedule a private showing?

Yes. Request a tour of 248 Washington Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.