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 yard. Plenty of parking spaces and separate laundry facilities with additional storage in basement. Within walking distance to the train, shops, restaurants and supermarkets.
For sale
Price cut: $10K (6/9)
$1,140,000
244 Washington St, Norwood, MA 02062
7beds
2,488sqft
3 Family
Built in 1959
-- sqft lot
$1,109,300 Zestimate®
$458/sqft
$-- HOA
What's special
Separate laundry facilitiesOversized roomsShared yardRenovated bathroomsRecently renovatedPlenty of parking spacesAdditional storage in basement
- 68 days |
- 262 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Michael Lord 508-395-8333,
Capital Realty Group 508-395-8333
Source: MLS PIN,MLS#: 73516373
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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: 156639
- 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: $458/sqft
- Tax assessed value: $750,800
- Annual tax amount: $7,373
- Date on market: 5/11/2026
- Total actual rent: 8650
- Road surface type: Paved
Estimated market value
$1,109,300
$1.05M - $1.16M
$3,148/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $1,140,000-0.9%$458/sqft |
Source: MLS PIN #73516373 Report a problem | ||
| 5/11/2026 | Listed for sale | $1,150,000$462/sqft |
Source: MLS PIN #73516373 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,006 +8.4% | $666,000 +7.9% |
| 2024 | $6,464 +10.6% | $617,400 +9% |
| 2023 | $5,846 -0.5% | $566,500 +3.7% |
| 2022 | $5,873 -1.3% | $546,300 +4.1% |
| 2021 | $5,951 +8.8% | $524,800 +7% |
| 2020 | $5,469 +10.3% | $490,500 +7.8% |
| 2019 | $4,957 +4.5% | $455,200 +6.4% |
| 2018 | $4,744 +3% | $427,800 +3.6% |
| 2017 | $4,604 +6% | $412,900 +5.7% |
| 2016 | $4,343 +17.2% | $390,600 +20.9% |
| 2015 | $3,707 +1.6% | $323,200 +2.6% |
| 2014 | $3,649 -2.6% | $315,100 -7.1% |
| 2013 | $3,746 | $339,300 -4.2% |
| 2012 | $3,746 +3.9% | $354,100 -0.8% |
| 2011 | $3,606 -3.9% | $357,000 -11.2% |
| 2010 | $3,753 +7.8% | $402,200 -2.2% |
| 2009 | $3,480 +2.3% | $411,300 -1.7% |
| 2008 | $3,401 +12.8% | $418,300 +4.6% |
| 2007 | $3,014 +2.7% | $399,800 |
| 2006 | $2,935 +16.6% | $399,800 +31.4% |
| 2005 | $2,517 -14% | $304,300 |
| 2004 | $2,927 +5% | $304,300 |
| 2003 | $2,787 +10.3% | $304,300 +52.4% |
| 2001 | $2,526 +36% | $199,700 +37.3% |
| 1997 | $1,857 | $145,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 02062
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
- $--2 bd1 ba900 sqft244 Washington St FLOOR 1, Norwood, MA 02062Off Market
- $3,6004 bd1 ba1.3k sqft240 Washington St #3, Norwood, MA 02062For Rent
- $--1 bd1 ba450 sqft240 Washington St, Westwood, MA 02090Off Market
- $1,100,0007 bd3 ba2.4k sqft240 Washington St, Norwood, MA 02062Sold
- $972,5006 bd3 ba2.4k sqft248 Washington St, Norwood, MA 02062Off Market
- $969,0006 bd3 ba2.4k sqft252 Washington St, Norwood, MA 02062Off Market
- $444,4003 bd2 ba1.1k sqft234 Washington St, Norwood, MA 02062Off Market
- $456,5003 bd1 ba1.1k sqft232 Washington St, Norwood, MA 02062Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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