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Over 9% cap rate at the asking price! Just steps from restaurants, shops, and the scenic rail trail, this well-maintained property is ideal for investors or owner-occupants alike. The first floor unit has been beautifully renovated, featuring fresh paint, new flooring, and a crisp, modern feel throughout. The second-floor apartment offers generous space with a large living room, dining area with wood stove, eat-in kitchen, full bath, bedroom, and bright sunroom, plus two additional bedrooms on the upper level with convenient walk-in storage access. Recent updates and reliable systems include vinyl windows, newer gas hot water heaters, and 1 year old washer and dryer, along with a two-bay garage/storage area for added functionality. With strong rental history and an unbeatable downtown location, 28-30 Groton Street combines steady income with long-term value.

More Info

Basic Information

  • Contingency Inspection
  • Gross Income $40,800
  • Lot Features Level
  • Mls StatusContingent
  • Parcel Number 726640
  • Rent Includes Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks))
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $392,400
  • Tax Year 2025
  • Taxes$5,735

School Information

  • Elementary SchoolVarnum Brook
  • High SchoolNorth Middlesex Regional
  • High School Nmrhs
  • Junior HighNissitissit

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces6

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms5
  • Full Bath2

Basic Information

  • List Price$450,000
  • MLS Number73446814
  • Modification Date05/30/2026
  • Property SubType2 Family - 2 Units Up/Down
  • Purchase Contract Date05/29/2026

Location

  • Address28-30 Groton
  • Building Number28-30
  • CountyMiddlesex
  • StateMA
  • StreetGroton
  • TownPepperell
  • Zip01463

Building

  • BasementFull, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplace Features Wood Burning
  • FoundationStone
  • Garage Spaces2
  • Levels 3
  • Patio And Porch Features Porch, Patio
  • Rooms11
  • Stories3
  • Units2
  • Utilities For Gas Range, For Gas Dryer, Washer Hookup
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.16
  • Frontage Length 100
  • Other Structures Shed(s)

Interior

  • Flooring Vinyl, Carpet, Varies, Laminate
  • Interior Features
    • Bathroom With Tub & Shower
    • Dining Room
    • Kitchen
    • Laundry Room
    • Living Room
    • Pantry
    • Remodeled
    • Sunroom

Exterior

  • Exterior Features Rain Gutters
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,923
  • Lot Size Square Feet 6,985
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet1,923

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • House of Worship
    • Laundromat
    • Medical Facility
    • Private School
    • Public School
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedWasher, Dryer, Range, Refrigerator
  • Other AmenitiesBasement, Fireplace, Golf

Legal

  • ZoningCOM

Other

  • Date Listed10/22/2025
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Cory Dows of Arris Realty

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