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$1,140,000

244 Washington Street, Norwood MA 02062
Norwood, MA 02062
Listed by Michael Lord
Bedrooms
7
Bathrooms
3
Living area
2,488 sqft
Year built
1959

About this home

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.

Property details

MLS #
73516373
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
May 11, 2026
Stories
3
Garage spaces
N/A
Lot size
0.11 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
John P Oldham
0.5 mi away · Grades 1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
268
Student:teacher ratio
11.7:1
District
Norwood
Middle
E W Thurston Middle
1.71 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
662
Student:teacher ratio
12.0:1
District
Westwood
High
Westwood High
1.39 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
952
Student:teacher ratio
12.4:1
District
Westwood

Mortgage calculator

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Est. monthly payment
$7,015/mo
$228,000 down
$912,000 loan
Principal & interest$5,915
Property tax (est.)$950
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.