Active

240 Washington St

Norwood MA, 02062

$1,165,000


$468.25 per sqft

Active

7 Beds

3 Baths

2,488 sqft

Multi-family

Built in 1959

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. Units 2 and 3 are currently vacant with rents listed being projected. Depending on buyer's preference, property may be delivered fully occupied or with vacancy in Unit 2 and/or 3.

73320100

MLS ID

December 16, 2024

Listed

February 20, 2025

Updated

Interior Features

Total Stories

4


Bedrooms

7


Total Bathrooms

3


Full Bathrooms

3


Interior Features

Living Room, Kitchen


Appliances

Range, Refrigerator


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.11 Acres


Roof

Shingle


Sewer

Public Sewer


Window

Insulated Windows

Other Property Details

Taxes

$6,517


Tax Frequency

Annually


Days on Market

60


Garage

No


Parking

Paved Drive, Common


Parking Total

6


View

No


County

Norfolk


Water Source

Public


Pool

No


Zoning

R

 

Courtesy of Michael Lord, Capital Realty Group

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Data last updated 7:22 PM UTC, 2/20/2025

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