For Sale
248-252 Washington St, Norwood, MA
Norwood · MA 02062
- $2,300,000
- Price
- 14
- Beds
- 6
- Baths
- 4976
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1959
Units:
6 Units
Lot size:
0.69 Acre Lot
Price per square foot:
$462 / Sq.Ft
Parking:
12 Off Street Spaces
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.
Neighborhood & Transit
248-252 Washington St, Norwood · MA 02062
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 13 days
- Listing Price:
- $2,300,000
- Price per Sq.Ft:
- $462
- Tax Assessment:
- $1,525,000 in 2026
- Taxes:
- $1,233 / Monthly
Home Facts
Interior Features
- Bedrooms
- 14
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 4,976 Sq.Ft
- Broker Disclosure about Living Area
- Includes total of both properties combined.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4976
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 30,000 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Michael Lord
- Listing office
- Capital Realty Group
- MLS PIN #
- 73593610
- Disclosure
- Property sold "AS IS." Seller has never occupied the property. Buyer/Buyer’s Agent to perform all due diligence and verify property information. MLS allows rental info for 5 units to be entered, property consists of a total of 6 units.
- Disclosure
- Includes total of both properties combined.