Shrewsbury, MA Residential Income Properties for Sale

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Updated: Jul 18

Waterfront Duplex with Private Dock

15 Groveridge Path, Shrewsbury, MA 01545

$699,000

2,150 sqft

Two‑family property with 2,150 square feet of living space
Primary unit offers 3 bedrooms, 1.5 baths, hardwood floors, fireplace, and updated eat‑in kitchen
Second unit includes 1 bedroom, full bath, kitchen, heated sunroom, and separate utilities
Direct access to Lake Quinsigamond with private dock and waterfront patio
Private shoreline boathouse provides storage for boating and waterfront equipment

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This listing looks promising.

Here's a quick look at some key insights for

15 Groveridge Path, Shrewsbury, MA 01545

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Est. Cap Rate

4.2%
NOI ÷ price
Est. NOI

$29K
Annual
Price @ 7% Cap

$415K
Suggested
Property Type

Duplex
Built 1900

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Updated: Jul 9

Turnkey Waterfront Multi-Family

20-B Oakland Ave, Shrewsbury, MA 01545

$679,000

1,928 sqft

Completely renovated two‑unit multi‑family home in Shrewsbury, year built 1958
Both units have updated kitchens and baths
Lake Quinsigamond waterfront setting with lake access
Updated, move‑in‑ready interiors designed for comfort and functionality

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Two-Family Residential Income Property

7 Wingate Street, Shrewsbury, MA 01545

$739,900

1,898 sqft

Two updated units with a shared basement laundry area, yard, and two separate storage units generating extra monthly income.

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Four-Unit Quadplex with In-Law Suites

194 Oak St, Shrewsbury, MA 01545

$3,450,000

2017 construction offers separate utilities, flexible suite layouts, and two-car garage parking.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Shrewsbury Multi-Family Opportunity

6 Selina, Shrewsbury, MA 01545

$999,999

0.18 AC lot

Rare multi-family property with bonus unit in desirable Shrewsbury neighborhood.

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Side-by-Side Duplex with Garages

89 S Quinsigamond Ave, Shrewsbury, MA 01545

$750,000

Two separate units on one lot, each with private driveway access and garages, with updated interiors and exterior improvements.

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Duplex with Attached Rental Apartment

11 Olympia Ave, Shrewsbury, MA 01545

$543,600

Home includes an attached 3-room rental apartment, with town water and sewer, near major routes and local amenities.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 7 Active listings in Shrewsbury, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Residential Income Property

5 Anna St, Worcester, MA 01606

$594,000

2,464 sqft

Duplex with two 2-bedroom, 1-bath units near major routes and UMass Medical School.

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Two-Family Home with Rear Decks

312 Plantation St, Worcester, MA 01604

$529,000

2,272 sqft

Duplex with two-bedroom units, updated windows, private outdoor space, and off-street parking near Shrewsbury Street amenities.

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Two-Family Residential Income Property

16 Northboro Street, Worcester, MA 01604

$529,000

1,769 sqft

Two-unit home with hardwood floors, garage, four off-street parking spaces, and a full basement.

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Two-Unit Residential Income Property

5 Anna St, Worcester, MA 01606

$569,000

Two separate 2-bedroom, 1-bath units near major routes including I-290, I-90, Route 9, and Route 20.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Worcester, MA

Crawford St lot: B, Worcester, MA 01604

$59,999

0.46 AC lot

Large lot suitable for single-family development near amenities.

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Residential Lot Ready to Build

13 Pocasset St, Worcester, MA 01604

$210,000

Desirable end-of-road lot with sewer permit in hand.

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Large Lot in Worcester Neighborhood

78 Leeds St, Worcester, MA 01606

$160,000

0.46 AC lot

20,000 SF parcel in established neighborhood.

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Development Opportunity on Gediminas Street

3A Gediminas, Worcester, MA 01610

$74,900

Versatile BL-1 zoned lot suitable for residential and commercial development.

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Off-Market Properties in Shrewsbury, MA

Consider similar Off-Market properties in Shrewsbury, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

BOARDING/ROOMING HOUSE

2 Janet Cir, Shrewsbury, MA 01545-5916

$105,000

Estimated value

1,720 sqft 0.19 AC lot

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Shrewsbury, MA Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Shrewsbury, MA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 5,976 square feet of properties for sale, with an estimated market value of $7,861,499.

Sale prices for residential income properties in Shrewsbury, MA start at $543,600, averaging $1,123,071, and reaching up to $3,450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 38K

Population Growth (5Y) +4.8%

Median Household Income $136,225

College Educated 50.6%

High-Yield Neighborhoods for Investment

Identify Shrewsbury submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
01545	$738.6K

Taxes & Financing

Tax Rate (average for all types) 1.24%

Property Tax per SF $22.42 per SF

Tax Rate vs County Average 0.57 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Worcester County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Shrewsbury fall within the 50,000 to 100,000 square foot range.

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