260 Main St, Groveland, MA 01834
MULTI_FAMILY - Groveland, MA
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 260 Main St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
- Parking
- 3
- Standard status
- Active
- APN
- M:11 B:151 L:0,1914265
- Size
- 2,275 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7113
Building Details
- Year built
- 1857
- Floors in Building
- 4
- Number of units
- 2
Listing agent Keller Williams Realty Evolution
Listing office Keller Williams Realty Evolution 2 New Pasture Road, Unit 1, Beverly, MA (978) 992-4050
Listing date Jun 24, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑family home built in 1857 in Groveland, MA
- Many renovations including newer windows and a newer roof
- Separate utilities with gas heat & hot water, plus town water and sewer
- Each unit has a private deck overlooking the landscaped yard and a park
- Second‑floor unit includes washer/dryer hookup and access via spiral staircase to a finished walk‑out lower level
- Second‑floor finished lower level can be used as an office, bedroom, or playroom
Overview
Located at 260 Main St in Groveland, Massachusetts, the property is listed under zoning B.
The layout supports an owner-occupant scenario where one unit can be lived in while the other helps offset expenses, and it can also be suitable for an in-law arrangement. With separate utilities and independent decks for each unit, the configuration is practical for maintaining privacy while still keeping shared ownership simple.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.3k | $25.20 |
| − Vacancy | −$2.6k | −$1.13 |
| EGI | $54.8k | $24.07 |
| − OpEx | −$16.4k | −$7.22 |
| NOI | $38.3k | $16.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Groveland
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.028697
- Latitude
- 42.764031
