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617-817-4782
Real Estate Company
248 Washington Street, Norwood, MA 02062
- $1,150,000
- 7
- BD
- 3
- BA
- 2,488
- SqFt
- List Price
- $1,150,000
- Price Change
- ▼ $49,000 1792560933
- Status
- PRICE CHANGED
- MLS#
- 73568240
- Bedrooms
- 7
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,488
- Lot Size (Acres)
- 0.11
- Year Built
- 1959
Property Description
Exceptional investment opportunity near the Westwood line, offering an attractive 7%+ cap rate with additional upside potential from below-market rents! This recently renovated three-family property combines strong cash flow with a solid rental history. Each of the three spacious units features updated kitchens with newer appliances, renovated bathrooms, generously sized rooms, and separate utilities. Recent improvements include newer roofs and low-maintenance siding. Additional highlights include ample off-street parking, a shared yard, separate laundry facilities, and basement storage. Ideally located in a commuter-friendly neighborhood within walking distance to the train, shops, restaurants, and supermarkets. Comparable monthly rents within the complex are approximately $2,650, $2,650, and $3,700, offering potential for future income growth. A turnkey investment opportunity with immediate cash flow and long-term appreciation potential!
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Additional Information
- Taxes
- $7,373
- Interior Features
- Living Room, Kitchen
- Parking Description
- Paved Drive, Common
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Michael Lord from Listing Office: Capital Realty Group.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.