Multi Family at 15 Groveridge Path, Shrewsbury MA 01545

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40 photos

$699,000

15 Groveridge Path, Shrewsbury MA 01545

Shrewsbury, MA 01545

Listed by Andrea Beth Castinetti

Bedrooms

Bathrooms

2.5

Living area

2,150 sqft

Year built

1900

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.

Highlights

WaterfrontViewFireplace

Property details

MLS: MLS Property Information Network
MLS #: 73557427
Property type: Multi Family
Subdivision: N/A
Status: Active
Days on market: 85
On market date: July 31, 2026
Stories: 3
Total bathrooms: 2.5
Garage spaces: N/A
Parking spaces: 2
Lot size: 0.09 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary

Lake View

0.76 mi away · Grades 0-6

Nearest school -- attendance-zone data not available here

3.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 307
Student:teacher ratio: 16.2:1
District: Worcester

Middle

Oak Middle School

1.43 mi away · Grades 7-8

Nearest school -- attendance-zone data not available here

4.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 979
Student:teacher ratio: 13.4:1
District: Shrewsbury

High

Worcester Technical High

1.19 mi away · Grades 9-12

Nearest school -- attendance-zone data not available here

5.0

Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating

Enrollment: 1,476
Student:teacher ratio: 11.6:1
District: Worcester

Walkability

Blended score for Shrewsbury's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

Walkable

out of 100

EPA National Walkability Index

13.2 / 20 -- Above average walkable

Market position

How this listing compares to current activity in Shrewsbury, from live MLS data.

On the market 85 days -- 1 more days than Shrewsbury's current average of 84 days.

For reference, the median list price across 261 active listings in Shrewsbury right now is $575,000.

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Home price

Down payment

Interest rate

Loan term

Adjust tax / insurance estimates

Property tax

% / yr

Home insurance

/mo

Est. monthly payment

$4,359/mo

$139,800 down

$559,200 loan

Principal & interest$3,627

Property tax (est.)$583

Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 4, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.