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261 School Street, Groveland MA 01834

$899,000

Estimated $2,207/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $299,666.67

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

3654

Total Parking: 6

30,056 (0.69)

Charming 3-family property with income potential and multi-generational flexibility in Groveland!!! Come and enjoy the inviting front porch of this well maintained property offering versatility for owner-occupants and investors alike. The main house (Unit 1) offers 3 bedrooms, 2 full baths and generous square footage totaling 2,254 sq ft and central AC. Unit 2 is a one-bedroom, one-bathroom, garden style unit. Unit 3 is a one-bedroom townhouse style unit. All units have gas and electric utilities. The property is equipped with a 400 AMP electrical service. Title V Pass. Offers due Saturday 5/30 at 6:00pm. Open House cancelled for Sunday 5/31.

This home has been viewed 12 times

Last Checked: June 17th, 2026 at 7:03am (Source: MLS PIN #73525061)

Gross Income: $0

Gross Expenses: $8,995

Net Income Calc: $8,995

Annual Expenses for 261 School Street, Groveland MA 01834

Total Gross Expenses (Calculated)$8,995/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8995

Annual Income & Unit Breakdown for 261 School Street, Groveland MA 01834

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor0

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full, 1 Half

Levels in Unit2

Rent Includes

General Information for 261 School Street, Groveland MA 01834

Listing ID73525061

Property TypeMulti Family / 3 Family

Price899000 ($246.03/SqFt)

Style3 Family

CityGroveland

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3654

Approximate Lot Size (Acres)0.69

Total Parking6

Garage Parking0

Year Built1945

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 261 School Street, Groveland MA 01834

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

Title 5A

ExclusionsWasher

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 261 School Street, Groveland MA 01834

Real Estate Taxes8995

Tax Year2026

Assessed Value$693,000

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 261 School Street, Groveland MA 01834

Elementary SchoolBagnall School Elementary

Middle SchoolPentucket Regional Middle

High SchoolPentucket Regional High School

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 261 School Street, Groveland MA 01834

Agent

Name: Janine Callahan

Office

Name: Coldwell Banker Realty - Haverhill

Phone: 978-372-8577

Payment Calculator

, Interest

Property Taxes 749.58

Principal & Interest 5539.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Haverhill

Janine Callahan

Agent Phone

Office Phone

(978) 372-8577

Text Agent Call Agent Call Office

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    [unparsed] => 261 School Street, Groveland MA 01834
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EXIT

39 More Photos

Pending

261 School Street, Groveland MA 01834

$899,000

Annual Expenses for 261 School Street, Groveland MA 01834

Annual Income & Unit Breakdown for 261 School Street, Groveland MA 01834

General Information for 261 School Street, Groveland MA 01834

Disclosures for 261 School Street, Groveland MA 01834

Financial Information for 261 School Street, Groveland MA 01834

Location Information for 261 School Street, Groveland MA 01834

Contact Information for 261 School Street, Groveland MA 01834

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Haverhill

Janine Callahan