Overview Property Details Payment Calculator Walkability

Active Under Contract

697 Main St, Shrewsbury MA 01545

$995,000

Estimated $2,495.31/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $497,500

Total Rent: 57600/year

Estimated CAP Rate: 4.16%

6 Bedrooms

4 Full Baths

4,022 SqFt

Total Parking: 4

71,874 SqFt

GREAT 2 FAMILY INVESTMENT OPPORTUNITY-- ADD'L ACRE +/- BUILDABLE LOT & BUILDABLE 896 SF SINGLE FAMILY CAPE W/ APPROVED GARAGES. Historic colonial 2 family stately situated on Main St in town w/ elegant pedimented front doorway. Property had ground up renovations appro...

This home has been viewed 21 times

Last Checked: July 3rd, 2025 at 5:43am (Source: MLS PIN #73379091)

Gross Income: $57,600

Gross Expenses: $16,256

Net Income Calc: $41,344

CAP Rate: 4.16%

Annual Expenses for 697 Main St, Shrewsbury MA 01545

Total Gross Expenses (Calculated)$16,256/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance$3,508

Sewer

Trash Removal

Repair & Maintenance$1,425

Management

Miscellaneous$740

Real Estate Tax$10,583

Annual Income & Unit Breakdown for 697 Main St, Shrewsbury MA 01545

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$2,400

LeaseY

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none)

Unit 2

Rental Income$2,400

LeaseY

Bedrooms3

Bathrooms3 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none)

General Information for 697 Main St, Shrewsbury MA 01545

Listing ID73379091

Property TypeMulti Family / 2 Family

Price$995,000 ($247.39/SqFt)

Style2 Family - 2 Units Up/down

CityShrewsbury

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,022 SqFt

Approximate Lot Size (Acres)1.65 acres

Total Parking4

Garage Parking

Year Built1776

Year Built SourcePublic Records

Year Renovated

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter,Stone

Accessible Features

Outdoor SpaceDeck, Deck - Wood, Patio

ZoningRes B-

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 697 Main St, Shrewsbury MA 01545

Lead Paint

UFFINo

Living Area Includes BasementNo

Living Area DisclosureEngineered plans for buildable Cape & garages

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$5,673

Total Gross Income By Broker$57,600

Total Net Income By Broker$51,927

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 697 Main St, Shrewsbury MA 01545

Real Estate Taxes$10,583

Tax Year2025

Assessed Value$879,000

Financial Data SourceOwner

Total Gross Expenses By Broker$5,673

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$57,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$51,927

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.16%

Location Information for 697 Main St, Shrewsbury MA 01545

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Public School, Shopping, Park, Public Transportation, Private School

Contact Information for 697 Main St, Shrewsbury MA 01545

Agent

Name: Elizabeth Hanson

MLS ID: K8000178

Office ID: AN1257

National Association ID: 453003560

Address: 562 Thames St Apt 2

City: Bristol

State: RI

Zip: 02809

Office

Name: HomeSmart Professionals Real Estate

MLS Office ID: AN1257

Phone: 401-921-5011

Payment Calculator

$7,012.79 per month

30 Years Fixed, 6.75% Interest

Property Taxes $881.92

Principal & Interest $6,130.87

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

HomeSmart Professionals Real Estate

Elizabeth Hanson

Agent Phone

Office Phone

(401) 921-5011

Text Agent Call Agent Call Office

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                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73379091&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2025-07-03 05:44:25
                    [modified] => 2025-07-03 05:44:25
                )

[20] => Array
                (
                    [id] => 123156853
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73379091&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2025-07-03 05:44:25
                    [modified] => 2025-07-03 05:44:25
                )

[21] => Array
                (
                    [id] => 123156854
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73379091&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-07-03 05:44:25
                    [modified] => 2025-07-03 05:44:25
                )

[22] => Array
                (
                    [id] => 123156855
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73379091&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-07-03 05:44:25
                    [modified] => 2025-07-03 05:44:25
                )

[23] => Array
                (
                    [id] => 123156856
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73379091&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2025-07-03 05:44:25
                    [modified] => 2025-07-03 05:44:25
                )

)

)

EXIT