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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.

More Info

Basic Information

  • Gross Income $103,800
  • Mls StatusActive
  • Parcel Number 156639
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $750,800
  • Tax Year 2026
  • Taxes$7,373

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Common
  • Parking Spaces6

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms7
  • Full Bath3

Basic Information

  • List Price$1,150,000
  • MLS Number73516373
  • Modification Date05/15/2026
  • Property SubType3 Family

Location

  • Address244 Washington Street
  • Building Number244
  • CountyNorfolk
  • StateMA
  • StreetWashington Street
  • TownNorwood
  • Zip02062

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 3
  • Rooms14
  • Stories3
  • Units3
  • Window Features Insulated Windows
  • Year Built1959
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,488
  • Lot Size Square Feet 5,000
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,488

Amenities

  • AmenitiesPublic Transportation, Shopping, Medical Facility, Highway Access, Public School
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningR

Other

  • Date Listed05/11/2026
  • Farm Land Area Units Square Feet
  • View Count2

Map Location

Driving Directions

Listed by Michael Lord of Capital Realty Group

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