$750,000

55 W Main St Groton, MA 01450

Estimated payment $4,790/month

Total Views 337
5 Beds
3.5 Baths
3,330 Sq Ft
$225 Price per Sq Ft

Highlights

  • Golf Course Community
  • Community Stables
  • Wood Flooring
  • Groton Dunstable Regional High School Rated A
  • Property is near public transit
  • 3-minute walk to Carol G. Wheeler park

About This Home

Fabulous opportunity to invest in a 3-family or live in one unit while you rent the rest at today's market value. Located right here in Groton! The sellers pride in ownership shows through. In the past 6 years there are newer windows, a composite front porch, Kitchens updated in all 3 units. Unit B & C Also have updated baths and mostly hardwood floors. There's a newer carpet and refreshed wood floors in unit A. These units have a great rental history. They have all been rented steadily until the seller announced the sale. Excellent maintenance records with the boiler and septic having annual maintenance. The 3 units consist of 2-one floor, one bedroom, one bath units and a third unit with 3 bedrooms, 1 1/2 bath that includes 3 floors of living, including a large loft area for all kinds of bonus usage. This 3-family sits on a 1/2 acre flat lot with some vinyl fencing and a shed area for each unit. West Main St has a short commute to the highway or commuter rail.

Listing Agent

Cheryl King

MRM Associates Listed on: 08/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,535

Year Built

  • Built in 1907

Lot Details

  • 0.5 Acre Lot
  • Near Conservation Area
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,330 Sq Ft Home
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Rent includes unit 1(heat water), unit 2(water), unit 3(heat water)
  • Assessor Parcel Number 517275

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Water Sewer Expense $690
  • Operating Expense $5,540
  • Net Operating Income $56,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,535

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1907
  • Levels: 5
  • Year Built Details: Approximate,Renovated Since
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Upgraded Cabinets, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room, Loft, Mudroom, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Laundry Features: Washer & Dryer Hookup
  • Basement: Full, Unfinished
  • Living Area: 3330
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: H92600
  • LIST PRICE PER Sq Ft: 225.23
  • PRICE PER Sq Ft: 225.23

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Private Sewer
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Water), Unit 3(Heat,Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 690

Lot Info

  • Parcel Number: 517275
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • PAGE: 504

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8535
  • Tax Book Number: 70578

Multi Family

  • Gross Income: 62250
  • Net Operating Income: 56710
  • Number Of Units Total: 3
  • Operating Expense: 5540
  • Total Actual Rent: 5300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,535 $559,700 $180,500 $379,200
2024 $8,446 $559,700 $180,500 $379,200
2023 $7,976 $510,000 $173,000 $337,000
2022 $7,122 $414,300 $158,500 $255,800
2021 $6,670 $379,000 $149,700 $229,300
2020 $5,887 $338,700 $148,200 $190,500
2019 $5,889 $325,200 $146,700 $178,500
2018 $5,713 $306,000 $143,600 $162,400
2017 $5,650 $309,400 $146,700 $162,700
2016 $5,619 $299,200 $140,500 $158,700
2015 $5,466 $299,200 $140,500 $158,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 For Sale $750,000 +92.8% $225 / Sq Ft
01/31/2018 01/31/18 Sold $389,000 -2.7% $117 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $399,900 -- $120 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Quit Claim Deed -- --
Not Resolvable $389,000 --
Quit Claim Deed -- --
Not Resolvable $320,000 --
Quit Claim Deed -- --
Deed $233,000 --
Deed $233,000 --
Deed $143,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $291,750 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $174,750 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $140,000 No Value Available
Previous Owner $135,850 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73422810

MLS Property Information Network (MLS PIN)

APN: GROT-000101-000026