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
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
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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