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.