Renovated 2-Unit Residential Income
134 King St Groveland, MA 01834
134 King St, Groveland, MA, 01834
$1,300,000
For Sale
$1,300,000
MULTI_FAMILY - Groveland, MA
Property Size4,300 SF
Lot Size1.23 Acres
Price / SF$302.33
Days on Market51
Property Features for 134 King St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
- Parking
- 14
- Fireplace
- 1
- Standard status
- Active
- APN
- M:26 B:022 L:0,1914982
- Size
- 4,300 SF
- Lot size
- 1.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14692
Building Details
- Year built
- 1723
- Floors in Building
- 4
- Number of units
- 2
Listing agency
Keller Williams Realty
(978) 475-2111
Listed by
Susan Rochwarg
(978) 475-2111
Added: Jun 1 Updated: Jun 9 at 9:39AM Checked: Jul 21 at 6:06PM
MLS# 73527718
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.
Investment Insights
Based on property information with market context.
134 King St in Groveland, Massachusetts is a renovated two-family residence originally constructed in 1723. The property provides substantial total living space across two attached units that connect through a breezeway. One unit is configured as a two-bedroom space with vaulted ceilings and skylights, while the main house offers four bedrooms and additional living accommodations.
The home sits on a flat 1.23-acre lot, creating meaningful outdoor space for everyday use. On-site improvements include a two-car garage/barn with secure parking and additional storage, as well as a large heated loft space.
This layout can fit a variety of ownership and occupancy strategies, including multi-generational living or maintaining one unit as a rental. With the breezeway connection, skylights, vaulted ceilings, and the added garage/barn and heated loft for storage, the property offers practical space for households that value both separate unit living and room to spread out.
The home sits on a flat 1.23-acre lot, creating meaningful outdoor space for everyday use. On-site improvements include a two-car garage/barn with secure parking and additional storage, as well as a large heated loft space.
This layout can fit a variety of ownership and occupancy strategies, including multi-generational living or maintaining one unit as a rental. With the breezeway connection, skylights, vaulted ceilings, and the added garage/barn and heated loft for storage, the property offers practical space for households that value both separate unit living and room to spread out.
Key Highlights
- 2‑family residence built in 1723 with 4,300 sq ft of living space
- Extensively renovated property with attached units connected by a breezeway
- Main house offers 4 bedrooms and ample living accommodations
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-family home with attached units, breezeway connection, and expanded outdoor space on a large flat lot.
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: 2‑family residence built in 1723 with 4,300 sq ft of living space; Extensively renovated property with attached units connected by a breezeway; Main house offers 4 bedrooms and ample living accommodations
