$10,000
closing credit¹
240 Washington St Norwood, MA 02062
Property details
About 240 Washington St
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.
Highlights
Summary
- MLS Number: 73320100
- MLS Name: MLS Property Information Network
- Office Name: Capital Realty Group
- Office Phone: (508) 395-8333
- Listing Agent: Michael Lord
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,165,000
240 Washington St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 16, 2022 | Home Sold | $3,600,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $622,400 | $6,517 |
| 2023 | $570,900 | $5,892 |
| 2022 | $550,200 | $5,915 |
| 2021 | $528,600 | $5,994 |
| 2020 | $494,300 | $5,511 |
| 2019 | $458,900 | $4,997 |
History based on county public records data.
Nearby schools
4
John P. Oldham Elementary School
Public District 1-5
0.5 mi
•165 Prospect St
4
C. M. Callahan Elementary School
Public District 1-5
0.7 mi
•116 Garfield Ave
9
Downey School
Public District KG-5
1.1 mi
•250 Downey St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,567. The most common annual income of people living in Norwood, MA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Symphony or Opera
Hiking/backpacking
Figure Skating
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Boston Market
Chipotle
Bob Evans
What do the neighbors drive?
Volvo
Mazda
Oldsmobile
What do the neighbors listen to?
Talk/Personality
Rock
News
This home is located at 240 Washington St in Norwood, MA and zip code 02062. This 2,488 square foot home, which was built in 1959, sits on a 0.11 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $1,165,000.
Norwood, MA housing market in December 2024 saw over 8 listings sold above listed price, more than 4 sold at listed price and over 4 sold below. The number of listings in Norwood, MA decreased by 25.4% between November and December 2024. While the average time on the market in December 2024 was 20 days, the median list price was $661,500.