1086 Washington St Norwood, MA 02062
South Norwood NeighborhoodEstimated payment $12,622/month
Highlights
- Golf Course Community
- Medical Services
- Community Pool
- Norwood High School Rated A-
- Property is near public transit
- Tennis Courts
About This Home
An exceptional mixed use property is now available in the heart of Norwood. Offering a rare opportunity to own a well established family owned restaurant with a loyal customer base and strong community presence. Situated on a generous three parcel,14,478 sf lot, this 2.5 story,10,000 sf building, with full basement, garage and on-site parking facilities, this property combines commercial and residential functionality at its best. Above the well equipped restaurant, bar and function spaces are three sizeable residential apartments, providing an additional and further flow of income. Conveniently located in a high foot traffic area and just steps from public transportation, Rte 1 South, Rte 495, shops and local amenities. If you’re looking to invest in or expand a restaurant portfolio, further develop this location or simply introduce a new fresh perspective, then this property will present a unique, invaluable and proven opportunity with a strong upside potential. WON’T LAST!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,867
Year Built
- Built in 1920
Lot Details
- 10,413 Sq Ft Lot
- Near Conservation Area
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
- Deeded Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 10,084 Sq Ft Home
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
Location
- Property is near public transit
- Property is near schools
Schools
- Balch Elementary School
- Coakley Middle School
- Norwood High School
Utilities
- Baseboard Heating
Listing and Financial Details
- Rent includes unit 2(heat gas water hot water), unit 3(heat gas water hot water), unit 4(heat gas water hot water)
- Legal Lot and Block 00018 / 00003
- Assessor Parcel Number M:00009 B:00003 L:00018
Community Details
Overview
- 4 Units
- Property has 2 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Building Details
- Net Operating Income $80,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $0 | $1,033,000 | $128,800 | $904,200 |
2024 | -- | $997,700 | $128,800 | $868,900 |
2023 | $0 | $913,000 | $128,800 | $784,200 |
2022 | $0 | $849,600 | $128,800 | $720,800 |
2021 | $0 | $814,300 | $128,800 | $685,500 |
2020 | $0 | $814,300 | $128,800 | $685,500 |
2019 | $0 | $734,000 | $128,800 | $605,200 |
2018 | $0 | $694,700 | $128,800 | $565,900 |
2017 | $0 | $694,700 | $128,800 | $565,900 |
2016 | -- | $694,700 | $128,800 | $565,900 |
2015 | $4,885 | $595,500 | $198,800 | $396,700 |
2014 | $4,885 | $595,500 | $198,800 | $396,700 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/21/2025 07/21/25 | For Sale | $2,199,000 | -- | $218 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Not Resolvable | $900,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,236,000 | Unknown | |
Closed | $100,000 | Unknown |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73407488

APN: NORW-000009-000003-000018
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