13 W Main St, Groton, MA 01450

Building Details

Building Size 2,994 SF More

Year Built 1850 More

Buildings 3 More

Construction colonial More

Listing Agency: Century 21 North East

Listed By: Joanne Smith Show Phone

Source: Dreamegarealty

Added: Aug 4 Changed: Nov 8 Last Checked: Nov 8 at 9:06PM

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Investment Insights

Based on property information with market context.

This two-unit property combines a circa-1850 main house with two connected ancillary structures: a central shed and a carriage house exceeding 2,500 SF. The first-floor residence includes a kitchen, living room, bedroom, bath, laundry hookup, and work or storage area. The second unit occupies the upper floor and includes an additional first-floor room. Interior details include wood flooring, exposed ceilings, and multiple fireplaces. The shed and carriage house are unheated and lack utility service.

Village Center Business zoning permits a mix of residential, retail, commercial, office, and service uses at an appropriate village scale. The property also has outdoor areas for gardening, sitting, and small-scale recreation.

Key Highlights

• Two residential units in a circa‑1850 building
• 2,994 SF property size
• Carriage house measures 2500+ sf

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$59,570

Cap Rate

8.89%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,191,400 $1.2M

Cap Rate 7%

$851,000 $851.0K

Cap Rate 9%

$661,889 $661.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,994 SF

Gross rent

$114.3K $38.16/SF

− Vacancy

−$5.9K −$1.98/SF

EGI

$108.3K $36.18/SF

− OpEx

−$48.7K −$16.28/SF

NOI

$59.6K $19.90/SF

Area

Middlesex County, MA

Vacancy

5.20%

Lease Rate

$38.16 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,191,400

Cap Rate 7%

$851,000

Cap Rate 9%

$661,889

Alternative Uses

Best Use

Multifamily LT 5

$905.1K

$791.9K – $1.06M (±1% cap)

NOI $63,354 @ 7.0% cap · market cap 9.46%

Second Best

Apartment 5plus

$851.0K

$744.6K – $992.8K (±1% cap)

NOI $59,570 @ 7.0% cap · market cap 8.89%

Theoretical Best

Office A

$1.77M

$1.55M – $2.07M (±1% cap)

NOI $124,071 @ 7.0% cap · market cap 18.52%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

46

Businesses Nearby

Explore this area Business Placement

Demographics for 01450, MA

11,298

Population

3,773

Households

3

Avg Household Size

43

Median Age

66%

College-Educated

96%

High-School Grad

32.8 sq mi

ZIP Area

344

Density / Sq Mi

$189,355

Median Household Income

$78,750

Median Earnings

$1,521

Median Rent

$673,500

Median Home Value

Market

Average Price Trend$/SF for Duplexes in Middlesex County, MA

$430 Jul

$429 Aug

$425 Sep

$411 Oct

Properties on Market for Duplexes in Middlesex County

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

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Duplex with Barn

217 Main St, Groton, MA 01450

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Lower-Level Mixed-Use Space

134 Main St, Groton, MA 01450

$375,000

3,234 SF

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Office Unit with Retail Potential

8 Hollis St Unit C, Groton, MA 01450

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2,831 SF

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Mixed-Use Property with Retail and Office

1-3 Forge Village Road, Groton, MA 01450

$2,850,000

14,042 SF

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Corner Retail Space with Two Units

3 Forge Village Road, Groton, MA 01450

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Frequently Asked Questions

What type of property is this?

Duplex - Village Center Business zoning allows residential and a range of village-scale commercial uses.

Where is this duplex located?

The property is located at 13 W Main St Groton, MA.

What is the asking price?

The asking price for this property is $669,900.

What are key features of this property?

This property features: Two residential units in a circa‑1850 building; 2,994 SF property size; Carriage house measures 2500+ sf