248-252 Washington Street, Norwood, MA 02062
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248-252 Washington Street, Norwood, MA 02062
248-252 Washington Street, Norwood, MA 02062
248-252 Washington Street, Norwood, MA 02062
248-252 Washington Street, Norwood, MA 02062
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Hannah Coates-Riley

Hannah Coates-Riley

+1(908) 723-5508
$ 2,300,000
Est. payment /mo
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Open Sun 11AM-12PM

248-252 Washington Street Norwood, MA 02062

14 Beds

6 Baths

4,976 SqFt

Open House

Sun Oct 25, 11:00am - 12:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,976 sqft

Price per Sqft $462

MLS Listing ID 73593610

Bedrooms 14

Full Baths 6

Year Built 1959

Annual Tax Amount $14,800

Tax Year 2026

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type 5-9 Family

Property Description

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.

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 12

Garage No

Building

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Capital Realty Group

Nearby Locations

Hannah Coates-Riley

Hannah Coates-Riley

Agent License ID: 9584954

+1(908) 723-5508

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248-252 Washington Street