Welcome to this exceptional investment opportunity with a prime commuter friendly location with an attractive 7+ CAP RATE. Recently renovated 3 family near the Westwood line. This young investment property presents an incredible opportunity for anyone seeking a cash-flowing property with three generously sized units, all separate utilities and a strong rental history. The property has been well maintained and features newer kitchens with new appliances, renovated bathrooms, oversized rooms and a shared back yard. Plenty of parking spaces and separate laundry facilities with additional storage in basement. Within walking distance to the train, shops, restaurants and supermarkets.
Sold for $1,100,000
$1,100,000
240 Washington St, Norwood, MA 02062
7beds
2,488sqft
3 Family
Built in 1959
-- sqft lot
$1,087,000 Zestimate®
$442/sqft
$3,148 Estimated rent
Home value
$1,087,000
$1.02M - $1.15M
$3,148/mo
Zestimate® history
Owner options
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$3,148/mo
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$3,148/mo
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$6,865/mo
Est. payment
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$6,865/mo
Est. payment
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List your homeWhat's special
Separate laundry facilitiesOversized roomsRenovated bathroomsRecently renovatedPlenty of parking spacesAdditional storage in basementThree generously sized units
Zillow last checked:
Listing updated:
Listed by:
Michael Lord 508-395-8333,
Capital Realty Group 508-395-8333,
Alex Connor 857-891-0167
Bought with:
Dalvin Estrada
Estrada & Associates Realty
Source: MLS PIN,MLS#: 73493511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Kitchen
- Windows: Insulated Windows
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,488
- Total interior livable area: 2,488 sqft
- Finished area above ground: 2,488
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Common
- Uncovered spaces: 6
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: M:00004 B:00021 L:00038,156640
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School
Location
- Region: Norwood
Financial & listing details
- Price per square foot: $442/sqft
- Tax assessed value: $750,800
- Annual tax amount: $7,373
- Date on market: 5/12/2026
- Total actual rent: 8650
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Sold | $1,100,000-4.3%$442/sqft |
Source: MLS PIN #73493511 Report a problem | ||
| 3/30/2026 | Listed for sale | $1,150,000-1.3%$462/sqft |
Source: MLS PIN #73493511 Report a problem | ||
| 2/19/2025 | Listing removed | $1,165,000$468/sqft |
Source: MLS PIN #73320100 Report a problem | ||
| 1/21/2025 | Price change | $1,165,000-0.9%$468/sqft |
Source: MLS PIN #73320100 Report a problem | ||
| 12/16/2024 | Listed for sale | $1,175,000+0.9%$472/sqft |
Source: MLS PIN #73320100 Report a problem | ||
| 11/7/2024 | Listing removed | $1,165,000$468/sqft |
Source: MLS PIN #73277781 Report a problem | ||
| 10/29/2024 | Price change | $1,165,000-0.9%$468/sqft |
Source: MLS PIN #73277781 Report a problem | ||
| 10/11/2024 | Price change | $1,175,000-2.1%$472/sqft |
Source: MLS PIN #73277781 Report a problem | ||
| 8/14/2024 | Listed for sale | $1,200,000$482/sqft |
Source: MLS PIN #73277781 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,059 +8.3% | $671,000 +7.8% |
| 2024 | $6,517 +10.6% | $622,400 +9% |
| 2023 | $5,892 -0.4% | $570,900 +3.8% |
| 2022 | $5,915 -1.3% | $550,200 +4.1% |
| 2021 | $5,994 +8.8% | $528,600 +6.9% |
| 2020 | $5,511 +10.3% | $494,300 +7.7% |
| 2019 | $4,997 +4.5% | $458,900 +6.4% |
| 2018 | $4,783 +3% | $431,300 +3.6% |
| 2017 | $4,643 +6% | $416,400 +5.7% |
| 2016 | $4,382 +17% | $394,100 +20.7% |
| 2015 | $3,745 +1.7% | $326,500 +2.7% |
| 2014 | $3,681 -2.5% | $317,900 -7.1% |
| 2013 | $3,777 +0% | $342,100 -4.1% |
| 2012 | $3,776 +3.9% | $356,900 -0.8% |
| 2011 | $3,634 -3.8% | $359,800 -11.2% |
| 2010 | $3,779 +7.9% | $405,000 -2.2% |
| 2009 | $3,503 +2.5% | $414,100 -1.5% |
| 2008 | $3,419 +12.7% | $420,500 +4.5% |
| 2007 | $3,033 +2.7% | $402,300 |
| 2006 | $2,953 +16.6% | $402,300 +31.3% |
| 2005 | $2,533 -14% | $306,300 |
| 2004 | $2,947 +5% | $306,300 |
| 2003 | $2,806 +10.4% | $306,300 +52.5% |
| 2001 | $2,541 +35.8% | $200,900 +37% |
| 1997 | $1,871 | $146,600 |
Find assessor info on the county website
Neighborhood: 02062
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Nearby schools
GreatSchools rating
- 4/10Callahan Elementary SchoolGrades: 1-5Distance: 0.7 mi
- 5/10Dr. Philip O. Coakley Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Norwood High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,087,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,087,000
- Massachusetts
- Norfolk County
- Norwood
- 02062
- 240 Washington St
Nearby cities
Nearby zip codes
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