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    10 Gleason Rd Shrewsbury, MA 01545

    For Sale
    $524,900

    Multifamily property with business zoning, convenient location, and investment potential.

    Lot size:
    0.23 Acres

    Property Features for 10 Gleason Rd

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1945

    Source: Lamacchia Realty, Inc. Agent Mulryan and Maher Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property with Business Zoning

    This multifamily property, situated in the Fairlawn neighborhood, presents an opportunity for investors or owner-occupants. Located off Route 9, it offers proximity to shopping, restaurants, businesses, schools, and parks. The property features two units, one upstairs and one downstairs, each containing one bedroom, in-unit laundry, and a fireplaced living room. Additional features include a 2-car garage, an unfinished basement for storage, and a private backyard. The property is zoned for business use, offering potential for future development or income opportunities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shrewsbury
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7389824
    Latitude
    42.274777

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    FAQs

    What type of property is this?
    Duplex - Multifamily property with business zoning, convenient location, and investment potential.
    Where is this duplex located?
    The property is located at 10 Gleason Rd Shrewsbury, MA.
    What is the asking price?
    The asking price for this property is $524,900.
    What are key features of this property?
    This property features: - Zoned for business use, offering development or income potential.; - Two units, ideal for investors or owner-occupants.; - Each unit features in-unit laundry and a fireplaced living room.
    (508) 713-2212
    Request Owner's contact information
    10 Gleason Rd Shrewsbury, MA 01545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10 Gleason Rd Shrewsbury, MA 01545
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