Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

248 Washington Street

Norwood, MA ID #73568240

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248 Washington Street

- Norwood, MA ID #73568240

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!

Additional Details

  • Status: Active
  • Type: Multi-Family, Triplex
  • Zip Code: 02062
  • Taxes: 7,373
  • Levels: 3
  • Acres: 0.11

Parking

  • Garage Capacity: 6
  • Parking: Paved, Common
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 3
  • Total Floors: 3
  • Total Rooms: 14
  • Has Basement: Yes

Location

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248 Washington Street, Norwood, MA

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Michael Lord of Capital Realty Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.