$525,000
6
Beds
2
Baths
2,790
Living Area
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Property Description
Attention Investors or Prospective Owner-Occupants! This fully vacant, remodeled two-family at 31 Clark St in Spencer is ready for immediate occupancy or to be leased to quality tenants. Both units have been updated throughout, offering a truly turnkey investment. Major capital improvements include a 5-year-old roof, 2-year-old siding, 3 new electrical panels & meters, updated plumbing, and two brand-new water heaters (2025)—minimizing near-term expenses. Unit 2 features a desirable 4-bedroom layout, ideal for maximizing rental income or accommodating extended living needs, and is equipped with infrared electric heating. With strong rental potential, modern finishes, and no tenants to manage from day one, this property offers flexibility and value whether you’re building your portfolio or looking to offset your mortgage as an owner-occupant. A must-see opportunity in a convenient Spencer location.
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Highlights
- Heating: Baseboard, Natural Gas, Electric
- Parking Spots: 6
- Property Type: Multi Family
- Total Rooms: 13
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Corner Lot, Cleared, Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Flooring: Laminate
- Interior Features: Ceiling Fan(s), Pantry, Storage, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Family Room, Sunroom
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Actual
- Zoning: res
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Amenities
- Community Features: Shopping, Park, House of Worship
- Parking Features: Paved Drive, Off Street, Common, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $301,600
- Tax Year: 2025
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $3,541
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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 Five Stars Realty LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.