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Active

244 Washington Street, Norwood MA 02062

$1,140,000

Estimated $2,463/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $380,000

Total Rent: 103800/year

Estimated CAP Rate:

7 Bedrooms

Baths

2488

Total Parking: 6

5,000 (0.11)

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.

This home has been viewed 19 times

Last Checked: June 14th, 2026 at 5:44am (Source: MLS PIN #73516373)

Gross Income: $103,800

Gross Expenses: $7,373

Net Income Calc: $96,427

Water Views

Annual Expenses for 244 Washington Street, Norwood MA 02062

Total Gross Expenses (Calculated)$7,373/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7373

Annual Income & Unit Breakdown for 244 Washington Street, Norwood MA 02062

Total Gross Income (Calculated)$103,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 244 Washington Street, Norwood MA 02062

Listing ID73516373

Property TypeMulti Family / 3 Family

Price1140000 ($458.2/SqFt)

Style3 Family

CityNorwood

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total2488

Approximate Lot Size (Acres)0.11

Total Parking6

Garage Parking0

Year Built1959

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 244 Washington Street, Norwood MA 02062

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFireplace Mantel In Living Room Is Excluded.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 244 Washington Street, Norwood MA 02062

Real Estate Taxes7373

Tax Year2026

Assessed Value$750,800

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 244 Washington Street, Norwood MA 02062

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 244 Washington Street, Norwood MA 02062

Agent

Name: Michael Lord

Office

Name: Capital Realty Group

Phone: 508-395-8333

Team Members

Payment Calculator

, Interest

Property Taxes 614.42

Principal & Interest 7024.32

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Capital Realty Group

Michael Lord

Agent Phone

Office Phone

(508) 395-8333

Text Agent Call Agent Call Office

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    [unparsed] => 244 Washington Street, Norwood MA 02062
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EXIT

20 More Photos

Active

244 Washington Street, Norwood MA 02062

$1,140,000

Annual Expenses for 244 Washington Street, Norwood MA 02062

Annual Income & Unit Breakdown for 244 Washington Street, Norwood MA 02062

General Information for 244 Washington Street, Norwood MA 02062

Disclosures for 244 Washington Street, Norwood MA 02062

Financial Information for 244 Washington Street, Norwood MA 02062

Location Information for 244 Washington Street, Norwood MA 02062

Contact Information for 244 Washington Street, Norwood MA 02062

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Capital Realty Group

Michael Lord