248 Washington Street, Norwood, MA 02062
248 Washington Street, Norwood, MA 02062
248 Washington Street, Norwood, MA 02062
248 Washington Street, Norwood, MA 02062
248 Washington Street, Norwood, MA 02062
248 Washington Street, Norwood, MA 02062
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Adam Umina

Adam Umina

+1(617) 921-5866
$ 1,150,000
Est. payment | /mo

7 Beds

3 Baths

2,488 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

7 Beds

3 Baths

2,488 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,488 sqft

Price per Sqft $462

MLS Listing ID 73568240

Bedrooms 7

Full Baths 3

Year Built 1959

Annual Tax Amount $7,373

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 3 Family

Property Description

Exceptional investment opportunity near the Westwood line, offering an attractive 7%+ cap rate with additional upside potential from below-market rents! This recently renovated three-family property combines strong cash flow with a solid rental history. Each of the three spacious units features updated kitchens with newer appliances, renovated bathrooms, generously sized rooms, and separate utilities. Recent improvements include newer roofs and low-maintenance siding. Additional highlights include ample off-street parking, a shared yard, separate laundry facilities, and basement storage. Ideally located in a commuter-friendly neighborhood within walking distance to the train, shops, restaurants, and supermarkets. Comparable monthly rents within the complex are approximately $2,650, $2,650, and $3,700, offering potential for future income growth. A turnkey investment opportunity with immediate cash flow and long-term appreciation potential!

Location

State MA

County Norfolk

Zoning R

Direction GPS

Rooms

Basement Full

Interior

Interior Features Living Room, Kitchen

Heating Natural Gas

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Medical Facility, Highway Access, Public School

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Capital Realty Group

Get More Information On This Property

Adam Umina
Adam Umina

Broker License ID: 9569629

+1(617) 921-5866

9 Babcock St, Brookline, Massachusetts 02446, USA

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248 Washington Street

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