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Sold
  • $1,800,000

    21 Adams Ave, Groton, MA 01450

    12beds
    7,526sqft
    5+ Family - 5+ Units Up/Down
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $239/sqft
    $-- HOA

    What's special

    A truly rare investment opportunity in downtown Groton. 12 unit multi-family property in fantastic condition located in quiet neighborhood with an easy walk to town center. Town water/town sewer and brick front. Plenty of off street parking for the tenants plus guest parking. Update the units for an even stronger cap rate or leave the units as they are and enjoy the high returns of Groton rental rates. All units have long term tenants are rented WELL BELOW the market rate. All 12 units have 3 rooms - kitchen/dining space, living room, one separate bedroom, and full bath. This prime location offers walkability to library, park, rail trail, restaurants, coffee shops, conservation trails, you name it! All tenants are TAW w/30 day notice. Please review all attachments. This easy to maintain investment property is not to be missed! Group Showings - Thursday 5/19 12 PM - 1 PM, Sat 5/21 10:30 AM - 12 PM, Tue 5/24 5 PM - 7 PM. Seller will begin reviewing offers Wed 5/25

    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2022 at 04:57am

    Listed by:

    Ryan Kiley,

    Compass

    Bought with:

    Amber Martin

    Lamacchia Realty, Inc.

    Source: MLS PIN,MLS#: 72982822

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 12
    • Full bathrooms: 12
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Vinyl, Carpet
    • Windows: Insulated Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 7,526
    • Total interior livable area: 7,526 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Paved Drive, Off Street, Paved
    • Has uncovered spaces: Yes
    Lot
    • Size: 1.47 Acres
    • Features: Level
    Details
    • Parcel number: 4303789
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
    Location
    • Region: Groton

    HOA & financial

    Other financial information
    • Total actual rent: 9650

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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