20-20 Oakland Ave #B, Shrewsbury, MA, 01545
About This Home
Nestled along the shores of beautiful Lake Quinsigamond, this completely renovated multi-family home offers a rare opportunity to own an exceptional waterfront property in Shrewsbury. Whether you’re searching for a savvy investment, an owner-occupied property with rental income, or a multigenerational home, this turnkey residence delivers the perfect blend of modern updates, timeless style, and an unbeatable setting.Both units have been thoughtfully updated with today’s buyer in mind, featuring stylish finishes, updated kitchens and baths, and move-in-ready interiors that maximize comfort and functionality. Wake up to breathtaking lake views, enjoy direct access to year-round recreation, and experience the convenience of being just minutes from shopping, restaurants, major highways, UMass Memorial, and all that Shrewsbury has to offer.Opportunities like this are few and far between—fully updated waterfront multi-family homes on Lake Quinsigamond!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Up/Down
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Full,Concrete,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood
- Finished area above ground: 1,928
Interior Area
- Total structure area: 1,928
- Total interior livable area: 1,928 sqft
Property
Details
- Parcel number: M:0019 B:026000 L:0000,1674615
- Zoning: RUB
- Exclusions: Seller Personal Property
Features
- Patio & porch: Deck - Wood,Patio
- Has view: Yes
- View description: Water,Lake
- Has water view: Yes
- Water view: Lake,Water
- On waterfront: Yes
- Waterfront features: Waterfront,Lake
Lot
- Lot size: 5,711 sqft
- Features: Cleared
Parking
- Total spaces: 4
- Parking features: Off Street
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,534 | $42,408 |
| Home Insurance * | $184 | $2,208 |
| Property Taxes | $728 | $8,736 |
| Electricity | $380 | $4,562 |
| Total | $4,826 | $57,912 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $679,000 |
| 2026-07-09 | Listed for sale | $699,000 |
View on Zillow