15 Groveridge Path, Shrewsbury MA 01545
Shrewsbury, MA 01545
$699,000
Est. $4,255/month
Open House Schedule
02
Aug
Sunday, August 2
11:00 AM - 12:30 PM EDT
01
Aug
Saturday, August 1
11:00 AM - 12:30 PM EDT
About this home
**SHREWSBURY WATERFRONT TWO-FAMILY ON LAKE QUINSIGAMOND** Now offering a rare opportunity for owner-occupants, investors, or multigenerational living. Enjoy direct lake access with your own dock and waterfront patio while generating rental income or creating the perfect in-law setup. The main residence features an updated eat-in kitchen with stainless steel appliances, a new five-burner gas range, hardwood floors, three bedrooms, 1.5 baths, a fireplace, and panoramic lake views. Just off the rear of the home, step onto a spacious deck overlooking Lake Quinsigamond, the perfect place to enjoy your morning coffee, outdoor dining, or unwind while taking in breathtaking sunsets and year-round waterfront scenery. Whether entertaining guests or simply relaxing after a long day, the elevated deck provides a peaceful setting with stunning views of the water.The second unit offers one bedroom, a full bath, kitchen, heated sunroom, separate utilities, and beautiful water views, making it ideal for rental income, extended family, or guests. One of the property's most unique features is the private boathouse located directly along the shoreline. This personal lakeside retreat provides convenient storage for your boating and waterfront equipment while offering easy access to the lake, making it an exceptional amenity for boating, fishing, kayaking, paddleboarding, or simply embracing the lakefront lifestyle.The expansive waterfront creates endless opportunities for recreation throughout every season. Spend your summers cruising the lake, swimming from your dock, or hosting gatherings by the water, while enjoying picturesque views year-round from nearly every angle of the property. Whether you're looking for an income-producing investment, a year-round waterfront retreat, or flexible living options, this property delivers a truly unique combination of lifestyle and value that rarely becomes available in Shrewsbury.Conveniently located just minutes from Route 9, UMass Chan Medical School, shopping, restaurants, parks, and major commuter routes, this property offers the perfect balance of peaceful waterfront living with everyday convenience. Opportunities to own a true waterfront multifamily on Lake Quinsigamond are exceptionally rare, making this a remarkable offering for homeowners and investors alike.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 31, 2026
$699,000
Original listing
Agent: Andrea Beth Castinetti
Office: Castinetti Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/31/2026 | 🏠 Listed for Sale | $699,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,247 | $543,200 |
Financial Details
Annual Property Tax
$6,247
Tax Year 2026
Assessed Value
$543,200
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
2,150 sq ft
Lot Size
0.09 acres
Bedrooms
4
Full Baths
2
Half Baths
1
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$1,500/mo · N
Unit 2 Rent
— · N
Total Monthly Rent
$1,500/mo
Gross Income
$18,000
Net Operating Income
$18,000
Cap Rate
2.58%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
None
Fireplace
None
Fireplaces
1
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Off Street
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$6,247
Assessed Value
$543,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Lower Level Tenant Has A 3 Year Lease
Exclusions
Seller & Tenants Personal Property.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Owner
Documents
None
County
Worcester
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,150 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,150 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Block
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Waterfront:
Yes
Waterfront Type:
Waterfront, Lake, Lake/Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
View:
Yes
View Type:
City View(s), Scenic View(s)
Community Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Nearby Schools
School District
Shrewsbury School District local
A+
School Safety
2024-25
0.9%
Low
0.6%
Suspensions
0.8%
In-School
0.3%
Emergency
4.6% below state avg
Elementary Schools
3 schools
Parker Road Preschool
0.3 mi
193 students
Very Diverse
Diverse Student Body
Grades PK
Gateways Academy
0.7 mi
Grades K-12
B
Lake View School
0.8 mi
|
#402 of 824
|
Score: 47.8
Improved 47 spots from last year
-10.5 below state avg
284 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-06
Middle Schools
3 schools
A+
Oak Middle School
1.3 mi
|
#33 of 352
|
Score: 59.7
Improved 30 spots from last year
+1.5 above state avg
914 students
Diverse
Rising School
Diverse Student Body
Grades 07-08
B+
Sherwood Middle School
1.5 mi
|
#267 of 824
|
Score: 51.9
Dropped 24 spots from last year
-6.3 below state avg
951 students
Diverse
Diverse Student Body
Grades 05-06
The Nativity School of Worcester
2.2 mi
Grades 05-08
High Schools
3 schools
C+
Worcester Technical High School
1.2 mi
|
#219 of 346
|
Score: 49.8
Improved 47 spots from last year
-8.4 below state avg
1,442 students
Diverse
19 sports
• 1,016 athletes
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades 09-12
C-
North High School
1.3 mi
|
#300 of 346
|
Score: 37.9
Improved 27 spots from last year
-20.3 below state avg
1,376 students
Diverse
14 sports
• 498 athletes
Early College Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
Saint John's High School
1.6 mi
20 sports
• 857 athletes
Strong Athletics
Grades 07-12
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$521
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Total principal paid
$0
Total interest paid
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Rate Impact
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Current Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
15 Groveridge Path, Shrewsbury MA 01545
Shrewsbury, MA 01545
Listing Information
Listing Agent
Andrea Beth Castinetti
Listing Office
Castinetti Realty Group
Office Phone
508-719-8804
Agent MLS ID
CN213891
Office MLS ID
AN4508
Listing Data Updated
Jul 31, 2026 8:09 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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