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244 Washington StreetNorwood, MA 02062

For Sale

$1,140,000

Smart Buyer Rebate $5,700

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.

Listed by Michael Lord

·

Capital Realty Group

·

508-395-8333

Last updated June 13, 2026

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Source: MLSPin #73516373

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorwood
  • Bedrooms7
  • Bathrooms3
  • Days on Prevu36
  • Taxes$7,373/year
  • Size2,488 sqft
  • Price per sqft$458

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/09/2026
Price Decreased
$1,140,000
05/11/2026
Listed by Capital Realty Group
$1,150,000

Property Details for 244 Washington Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Window Features: Insulated Windows
  • Year Built: 1959
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 2,488
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,000
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $103,800.00

Taxes

  • Parcel Number: 156639
  • Tax Annual Amount: $7,373.00
  • Tax Assessed Value: $750,800.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Range, Refrigerator
  • Interior Features: Living Room, Kitchen

Measurements

  • Living Area: 2,488
  • Living Area Source: Public Record

Rooms

  • Basement: Full
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 7
  • Rooms Total: 14

Other

Location

  • Tax Block: 00021
  • Tax Lot: 00038

Parking

Parking

  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: Paved Drive, Common
  • Parking Total: 6

Utilities

Equipment

  • Heating: Natural Gas
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 3 bathrooms in this multi-family home at 244 Washington Street.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 244 Washington Street.

What are the annual taxes for 244 Washington Street?

Annual taxes for this multi-family home are estimated at $7,373.

How does 244 Washington Street compare to other multi-family homes in Norwood?

This multi-family home is listed 23% above the average price for multi-family homes in Norwood and has been on the market for 3 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,488 sqft.

244 Washington Street is a 7-bedroom, 3-bath multi-family home for sale in Norwood MA 02062. On Prevu for 36 days at $1,140,000. This includes a recent price decrease of $10,000. This home features 2,488 square feet of living space, located in Norwood. The median listing price for multi-family homes in this area is $749,000. The home offers parking. Browse more multi-family home listings in Norfolk County.

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.