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14 Beds
6 Baths
4,976 sqft

$2,300,000

248-252 Washington Street, Norwood MA, 02062

Price per sqft$462.22
Built in1959
Property size4,976 sqft
Property typeMulti-family

Overview

Active

New

Listed Oct 21, 2026

Updated 19h ago

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.

$15,302/mo

Est. mortgage payment based on a $2,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73593610

Interior Features

Bedrooms
14
Bathrooms
6
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.69 Acres

Other Property Details

Taxes
$14,800
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Michael Lord with Capital Realty Group

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Data last updated 4:20 AM UTC, 10/22/2026

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