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0 Townhouse Court

Spencer, MA 01562
1 of 8 Photos Map
$4,025,000
36 Beds
18 Baths
14,760 Living Area
  • Property Description
    Townhouse Court Apartments presents investors with a compelling opportunity to acquire a well-located, value-add multifamily asset in Spencer, Massachusetts. Comprising (2) adjacent 9-unit buildings totaling 18 townhouse-style residences, the property offers immediate upside through interior upgrades and rent repositioning. All units feature desirable two-bedroom layouts with direct access, individual utility metering, and a surface parking lot. Townhouse Court has benefitted from recent exterior and landscaping upgrades, while select unit renovations have demonstrated strong rental premiums. Located just off Route 9 and less than 30 minutes to Downtown Worcester and the Mass Pike (Route 90), the property is ideally situated for commuter access, regional employment, and long-term tenant retention. With strong fundamentals, below-market rents, and clear value enhancement potential, Townhouse Court Apartments is positioned to deliver outsized returns in a tight Central MA market.
  • Highlights
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1970
    • Parking Spots: 30
    • Property Type: 5+ Family - 5+ Units Side by Side
    • Total Rooms: 72
    • Status: Closed
  • Additional Details
    • Construction: Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    • Total Number of Units: 18
    • Year Built Source: Public Records
    • Flooring: Wood
    • Lot Features: Other
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Sr
  • Amenities
    • Parking Features: Off Street
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $1,252,400
    • Taxes: $14,327
    • Tax Year: 2024
    • Total Rent: $3,995

Location

0 Townhouse Court, Spencer, MA 01562

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Matthews Real Estate Investment Services, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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