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29 Main St

Spencer, MA 01562
$400,000
7 Beds
3 Baths
3,015 Living Area
  • Property Description
    First time on the market! This is the perfect place for the 1st time investor looking to build equity. Live in the longtime owners unit(60+ yrs) which is move in ready while getting the other two units ready to rent. The 2 additional units will need work to get them up and rentable again. Another option could be turning 2 units into one and still have the 3rd unit for a mortgage helper. Lot's of possibilities here! Great location on a nice corner lot on Main street! Large 2 story detached barn/garage can fit 3 cars with 2nd story storage. This property is being sold in "as is" condition. New roofs on house and garage in 2019. All units have gas heat and town water & sewer.. **House will not qualify for FHA or VA loans. Walk to shopping, restaurants, Depot walking trail, bus line. Quick access to MA pike(less than 15 minutes). Plenty of green space for your yard too! Great potential with this investment to build for your future!
  • Highlights
    • Heating: Natural Gas
    • Property Class: Residential Income
    • Total Rooms: 17
    • Status: Closed
    • Parking Spots: 4
    • Property Type: 3 Family
    • Year Built: 1870
  • Additional Details
    • Appliances: Range, Refrigerator
    • Construction: Frame
    • Foundation: Stone, Brick/Mortar
    • Lot Features: Corner Lot, Cleared
    • Roof: Shingle
    • Year Built Details: Approximate
    • Zoning: Vr
    • Basement: Full, Interior Entry, Bulkhead, Unfinished
    • Flooring: Varies
    • Interior Features: Living Room, Dining Room, Kitchen, Office/Den
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
    • Parking Features: Paved Drive, Off Street
    • Covered Parking Spaces: 3
    • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Utilities
    • Electric: Fuses
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $293,800
    • Tax Year: 2024
    • Buyer Agent Compensation: 2%
    • Taxes: $3,361

Location

29 Main St, Spencer, MA 01562

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