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248-252 Washington Street, Norwood
$2,300,000
14 Beds ⋅ 6 Baths ⋅ 73593610 MLS
Exceptional investment opportunity offering immediate cash flow, stable rental income, and long-term appreciation potential! This unique package includes two fully occupied three-family homes at 248 and 252 Washington Street, plus four adjoining vacant lots, totaling approximately 30,000 SF of land. Each identical building features two 2-bedroom units and one 3/4-bedroom unit, providing six income-producing apartments in a strong rental market with consistent tenant demand. Both properties offer solid construction, newer roofs, vinyl siding, poured concrete foundations, separate utilities, and ample off-street parking—making them attractive, low-maintenance investments with manageable operating expenses. Ideally situated near the Westwood line, within walking distance to the commuter rail, shopping, restaurants, and everyday amenities, the location supports continued rental demand and long-term value. The four additional lots provide further investment flexibility and potential upside, (subject to buyer verification of zoning and permitted uses). A rare opportunity to acquire an established, fully occupied multifamily portfolio with immediate income, diversified rental streams, and substantial land holdings in one transaction.

248-252 Washington Street, Norwood
701 Pleasant, Norwood
$1,499,000
8 Beds ⋅ 5 Baths ⋅ 73590366 MLS
Rare opportunity to acquire two adjoining parcels on close to an acre of land featuring a single-family residence and a two-family duplex, offering three residential units in total! Ideal for investors, developers, owner-occupants, or multigenerational living. Enjoy the benefits of owning the entire property, including enhanced privacy, land control, and multiple income-producing opportunities. Situated in an area with a mix of residential and commercial uses, this unique offering may also present future redevelopment potential, subject to municipal approvals, buyers due diligence and zoning requirements. Properties are also available individually. See MLS #73590358 and MLS #73590357.

701 Pleasant, Norwood
5 Jacobs Road, Norwood
$995,000
7 Beds ⋅ 3 Baths ⋅ 73587481 MLS
Welcome to 5 Jacobs Road, a three-family home offering approximately 2,860 SF of living space in a private setting at the end of a dead-end street. The first-floor unit offers five rooms, including three bedrooms and one full bath, with FHA by gas heat. The second-floor unit also features five rooms, three bedrooms and one full bath, along with a newer Navien heating system. The second-floor unit will be delivered VACANT at closing, providing flexibility for an owner-occupant or investor. The third-floor unit consists of three rooms, including one bedroom plus a den and one full bath, with electric baseboard heat. Numerous upgrades and improvements have been completed over the years, including some newer replacement windows. Additional features include front and rear porches, hardwood floors throughout, original wood trim and wainscott, ample off-street parking, and an impressive 16,055 SF lot. Conveniently located near shopping, schools, public transportation, and everything Norwood has to offer. A great opportunity to enter the real estate investment market or expand an existing portfolio. With the potential to increase rents over time, this property offers an opportunity to enhance future income and overall return. Showings by appointment - 24+ hour notice preferred. Second floor to be shown with an accepted offer. Property is being sold As Is.

5 Jacobs Road, Norwood
3 School Street, Norwood
$849,900
6 Beds ⋅ 3 Baths ⋅ 73579004 MLS
Fantastic opportunity to own a well-maintained, move-in ready two-family home in a highly desirable Norwood location! Situated on an oversized corner lot, this property also offers the potential to add an ADU for additional rental income. This versatile property is ideal for owner-occupants, multi-generational living, or investors seeking rental income. The first unit gutted and renovated around 2003 features 2 bedrooms, a spacious living room, an eat-in kitchen, and a full bath with great ceiling height and natural light. The second unit offers two levels of living with a flexible layout. The first floor consisting of 2 bedrooms, a living room, eat-in kitchen, and full bath, plus an additional two rooms and half bath on the second level, making it perfect for larger households, or home office space. Additional features include all replacement windows, separate utilities, basement laundry, abundant storage space including an outdoor shed, and ample off-street parking to accommodate 8+ cars. Enjoy the convenience of being just a short walk to Norwood Center, commuter rail, shops, restaurants, and local amenities. A rare opportunity in a fantastic commuter-friendly location. Units are currently vacant. Ready for owner occupancy or rental income! Don't miss out!

3 School Street, Norwood
248 Washington Street, Norwood
$1,150,000
7 Beds ⋅ 3 Baths ⋅ 73568240 MLS
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!

248 Washington Street, Norwood

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