240 Washington St Norwood, MA
$1,165,000
Beds 7
Baths 3
Square Feet 2,488
Acres 0.11
Description
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.
Listed by Capital Realty Group, Michael Lord
Details
MLS 73320100
Status Active
Price $1,165,000
DOM 54 days
Type Multi-Family
Beds 7
Baths 3 full baths
Square Feet 2,488 sqft
Lot Size 0.11 acres
Year Built 1959
Lot & Building Features
Appliances Range, Refrigerator
Construction Frame
Heating Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $6,517
Water Public
Foundation Concrete Perimeter
Interior Features Kitchen, Living Room
Roof Shingle
Full Baths 3
Parking Common, Paved Drive
Total Rooms 14
Basement Feature Full
Garage Spaces 0
Map
Get Directions
Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.