Renovated Two-Family
134 King St Groveland, MA 01834
134 King St, Groveland, MA, 01834
$1,300,000
For Sale
$1,300,000
Renovated two-unit home with breezeway connection, versatile in-law potential, and substantial living and storage space.
Property Size4,300 SF
Lot Size1.23 Acres
Price / SF$302.33
Days on Market52
Property Features for 134 King St
General Information
- Standard status
- Active
- Size
- 4,300 SF
- Lot size
- 1.23 Acres
- Property subtype
- Duplex
Building Details
- Year Built
- 1723
Listing agency
Keller Williams Realty
(978) 994-3412
Listed by
Vivien Marcus
(978) 994-3412
Source
Lockandkeyre
Added: Jun 1 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 8:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
134 King St is a renovated 2-family residence built in 1723, offering approximately 4,300 square feet of living space. The two units are attached by a breezeway, supporting flexible multi-generational or separate-tenant living arrangements. The main house includes four bedrooms, while the second 2-bedroom unit features vaulted ceilings and skylights.
The property sits on a flat 1.23-acre lot, providing substantial outdoor space. Parking and storage are supported by a two-car garage/barn, along with a large heated loft space.
For tenants or buyers seeking a setup beyond a simple single-family layout, the attached configuration and breezeway make the home well-suited for an in-law arrangement while still offering distinct unit living. The combination of multiple bedrooms, large interior volume, and heated loft storage also aligns with households that prioritize additional space for belongings or hobbies alongside day-to-day comfort.
The property sits on a flat 1.23-acre lot, providing substantial outdoor space. Parking and storage are supported by a two-car garage/barn, along with a large heated loft space.
For tenants or buyers seeking a setup beyond a simple single-family layout, the attached configuration and breezeway make the home well-suited for an in-law arrangement while still offering distinct unit living. The combination of multiple bedrooms, large interior volume, and heated loft storage also aligns with households that prioritize additional space for belongings or hobbies alongside day-to-day comfort.
Key Highlights
- Renovated 2‑family residence built in 1723 with approx. 4,300 sq ft of living space
- Units are attached by a breezeway for easy multi‑unit living
- One unit features vaulted ceilings and skylights (2 bedrooms, in‑law potential)
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 | $108.4k | $25.20 |
| − Vacancy | −$4.9k | −$1.13 |
| EGI | $103.5k | $24.07 |
| − OpEx | −$31.0k | −$7.22 |
| NOI | $72.4k | $16.85 |
4,300 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$905.5K – $1.21M
NOI $72,439 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$934.1K
$817.4K – $1.09M
NOI $65,388 @ 7.0% cap · market cap 5.03%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,191 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated two-unit home with breezeway connection, versatile in-law potential, and substantial living and storage space.
Where is this duplex located?
The property is located at 134 King St Groveland, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Renovated 2‑family residence built in 1723 with approx. 4,300 sq ft of living space; Units are attached by a breezeway for easy multi‑unit living; One unit features vaulted ceilings and skylights (2 bedrooms, in‑law potential)
