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For sale
  • $2,300,000

    248-252 Washington St, Norwood, MA 02062

    14beds
    4,976sqft
    : 
    $14,425/mo
    Get pre-qualified
    5-9 Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $462/sqft
    $-- HOA

    What's special

    Solid constructionVinyl sidingNewer roofsAmple off-street parking
    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.
    1 day
    49
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Lord 508-395-8333,

    Capital Realty Group 508-395-8333

    Source: MLS PIN,MLS#: 73593610

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 14
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Natural Gas
      Appliances
      • Included: Range, Refrigerator
      Features
      • Living Room, Kitchen
      • Windows: Insulated Windows
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 4,976
      • Total interior livable area: 4,976 sqft
      • Finished area above ground: 4,976
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 12
      • Parking features: Paved Drive, Common
      • Uncovered spaces: 12
      Lot
      • Size: 0.69 Acres
      Details
      • Zoning: R

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5-9 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: $462/sqft
      • Tax assessed value: $1,525,000
      • Annual tax amount: $14,800
      • Date on market: 10/21/2026
      • Listing terms: Contract
      • Exclusions: Tenant Appliances And Their Personal Belongings.
      • Total actual rent: 16450
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        10/21/2026Listed for sale$2,300,000$462/sqft
        Source: MLS PIN #73593610 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02062

        Getting around

        34 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

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