
248 Washington Street Norwood — Photo 1 of 23
$1,199,000
248 Washington Street, Norwood, MA 02062
Norwood, MA 02062
Beds
7
Baths
3
SqFt
2,488
Style
3 Family
Built
1959
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.
Market Value Analysis
* Analysis is based on 17 actively listed and recently sold comparable properties strictly within Norwood, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • Public School
Geography
Population
31,542
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$107K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
46.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Norfolk County
1,189 housing units permitted in the last 12 months (+21% vs the prior 12 months) — 706 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Michael Lord
Listing Office: Capital Realty Group
MLS® Number: 73568240
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