577 Grove St, Worcester, MA, 01605
About This Home
Welcome to 577 Grove Street! This property has gone through a major price change and its ready for new ownership! This unique mixed-use property offers stunning water views and a versatile layout, featuring a spacious 4-bedroom raised ranch upstairs and a fully equipped veterinary clinic on the lower level. Perfect for an owner-operator or investor, the residential space provides comfortable living or rental potential, while the commercial space is ideal for a veterinarian, dog groomer, or dog boarding business looking for a high-visibility, turnkey facility. With its prime location overlooking the water and multiple income stream opportunities, this property presents an exceptional opportunity for growth and expansion—don’t miss your chance to own this turnkey, water-view investment!
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1954
Materials
- Foundation: Brick/Mortar
- Roof: Shingle
- Construction materials: Frame,Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Water Heater
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Features
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area above ground: 3,836
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 3,836
- Total interior livable area: 3,836 sqft
Property
Details
- Parcel number: M:21 B:005 L:00025,1782709
- Zoning: RS-7
Features
- Patio & porch: Deck
- Exterior features: Deck
- Has view: Yes
- View description: Water,Lake
- Has water view: Yes
- Water view: Lake,Water
- On waterfront: Yes
- Waterfront features: Waterfront
Lot
- Lot size: 0.42 Acres
- Features: Wooded,Gentle Sloping
Parking
- Total spaces: 5
- Parking features: Under,Off Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- 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
- Ice Storm
- Strong Wind
- Cold Wave
- Hurricane
- Heat Wave
- Lightning
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 | $2,674 | $32,088 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $551 | $6,612 |
| Electricity | $756 | $9,077 |
| Total | $4,186 | $50,232 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-14 | Price change | $549,000 |
| 2026-02-13 | Price change | $579,000 |
| 2025-11-18 | Price change | $579,900 |
| 2025-10-04 | Price change | $599,000 |
| 2025-08-07 | Price change | $649,900 |
| 2025-07-14 | Price change | $669,000 |
| 2025-06-13 | Listed for sale | $699,000 |
| 2020-10-23 | Sold | $395,000 |
| 2020-03-14 | Listing removed | $409,900 |
| 2020-02-27 | Price change | $409,900 |
| 2019-10-23 | Listed for sale | $424,900 |
| 2019-06-03 | Listing removed | $3,500 |
| 2019-01-22 | Price change | $3,500 |
| 2018-12-03 | Listed for rent | $4,000 |
| 1998-10-14 | Sold | $20,000 |
| 1994-05-16 | Sold | $219,000 |
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