*Three Family*Discover the exceptional investment opportunity awaiting at 78 Grove St, Clinton, MA 01510. This unique property offers three fully rented apartment units, yielding a monthly rental income of $5,500. A true cash flow gem, in total there are 6 bedroom and 3 bathrooms, combining comfort with convenience for all tenants. Not only does this property ensure a steady income stream, but it also boasts a charming backyard for tenants to enjoy and a driveway parking spot for added convenience. Each unit is designed to allow tenants to pay their own utilities, ensuring a hassle-free management experience for the owner. Situated in the heart of Clinton, this property benefits from its proximity to local amenities, offering both convenience and lifestyle to its residents. Don’t miss out on this lucrative investment opportunity to own a turnkey property with a proven track record of profitability.
Multi-familyProperty Type
1900Year Built
4,015 sq ftLot Size
$327Est. Price/Sq.Ft.
1 spaceParking
Listed by Peter Fodera• Charlesgate Realty Group LLC
Convenient Location Easy Access To Downtown And Great Income !! Semi Modern Kitchens & Baths , Great Tenants And Much More Best Of All Priced To Sell !! Allow 24 HOUR NOTICE TO SHOW !
MLS PIN #71247721
Feb 7, 2012
Sold
$75,000
$41/sq ft
Nov 20, 2011
Contingent
—
Nov 17, 2011
Price Changed
$75,000
$41/sq ft
Aug 19, 2011
Price Changed
$99,000
$54/sq ft
Jun 13, 2011
Listed
$129,900
$71/sq ft
+2
FIRST $75,000 TAKES THIS!!!!! NOT A SHORT SALE OR FORECLOSURE!!! This home is priced way under the assessed value. This home has been owned by the same family for decades. Motivated sellers. This multi is a great buy & is within walking distance to downtown. Good investment property with recent windows and roof. Must see, not a drive by. At this price property is sold as is.
Year
Property tax
Land + Additions
Assessment*
2023
$3,871 (−2.5%)
$70,800 + $218,700
$289,500
2022
$3,971 (+21.6%)
$64,400 + $201,900
$266,300
2021
$3,265 (+8.8%)
$61,300 + $143,500
$204,800
2020
$3,002 (+6.9%)
$61,300 + $132,500
$193,800
2019
$2,807 (−3.4%)
$59,500 + $116,700
$176,200
2018
$2,905 (+3.0%)
$67,000 + $104,100
$171,100
2017
$2,820 (+2.4%)
$55,800 + $103,800
$159,600
2016
$2,755 (+11.2%)
$55,800 + $103,700
$159,500
2015
$2,477 (+3.1%)
$54,200 + $94,500
$148,700
2014
$2,402 (+3.6%)
$54,200 + $94,500
$148,700
2013
$2,318 (+2.0%)
$54,200 + $94,500
$148,700
2012
$2,272 (−19.7%)
$54,200 + $94,500
$148,700
2011
$2,829 (−11.6%)
$54,200 + $146,000
$200,200
2010
$3,201 (+8.0%)
$65,000 + $174,800
$239,800
2009
$2,965
$65,000 + $179,800
$244,800
Tax history for 78 Grove St
Year
Property tax
Land + Additions
Assessment*
2023
$3,871 (−2.5%)
$70,800 + $218,700
$289,500
2022
$3,971 (+21.6%)
$64,400 + $201,900
$266,300
2021
$3,265 (+8.8%)
$61,300 + $143,500
$204,800
2020
$3,002 (+6.9%)
$61,300 + $132,500
$193,800
2019
$2,807 (−3.4%)
$59,500 + $116,700
$176,200
2018
$2,905 (+3.0%)
$67,000 + $104,100
$171,100
2017
$2,820 (+2.4%)
$55,800 + $103,800
$159,600
2016
$2,755 (+11.2%)
$55,800 + $103,700
$159,500
2015
$2,477 (+3.1%)
$54,200 + $94,500
$148,700
2014
$2,402 (+3.6%)
$54,200 + $94,500
$148,700
2013
$2,318 (+2.0%)
$54,200 + $94,500
$148,700
2012
$2,272 (−19.7%)
$54,200 + $94,500
$148,700
2011
$2,829 (−11.6%)
$54,200 + $146,000
$200,200
2010
$3,201 (+8.0%)
$65,000 + $174,800
$239,800
2009
$2,965
$65,000 + $179,800
$244,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
6
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Sq. Ft.
1,848
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Worcester County
APN
3307456
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Property details
Parking
Parking Information
Parking Spaces: 1
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 3
Interior Features
# of Rooms (Total): 15
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Exterior
Building Information
Building Area (Total): 1,825
Foundation Details: Brick/Mortar
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Property Information
PropertySubType: 3 Family
Lot Information
Lot Size (Acres): 0.09
Lot Features: Gentle Sloping
Financial
Tax Information
Tax Annual Amount: $5,390.49
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: GPS
UnparsedAddress: 78 Grove St, Clinton MA 01510
Community Information
Senior CommunityYN: No
Public facts
Beds: 6
Baths: 3.0
Sq. Ft.: 1,848
Stories: 2.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Worcester County
APN: 3307456
Home facts updated by county records on Jul 21, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
K - 12
Preschool & daycare
Clinton Elementary School
Public PreK-4 • Assigned • 0.5mi
6/10
Clinton Middle School
Public 5-8 • Assigned • 0.9mi
4/10
Clinton Senior High School
Public PreK-12 • Assigned • 1.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 17 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Clinton, MA • 01510
Average low and high temperatures (°F)
31
17
34
18
50
30
60
38
67
48
79
59
83
63
79
57
74
53
61
43
50
34
36
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$568,000 – $688,000
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