Sold!
$589,000
6
Beds
3
Baths
3,067
Living Area
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Property Description
Fully occupied and turnkey 3-unit multifamily in Spencer, MA with potential for a 4th unit (buyer to verify). This renovated property features two 1-bedroom, 1-bath units and one large 4-bedroom, 1-bath unit—ideal for strong rental income. All units have been updated with modern finishes, including new kitchens, baths, flooring, and paint. Tenants enjoy a fully fenced-in yard, providing privacy and outdoor space. Off-street parking available. Each unit has separate utilities, minimizing landlord expenses and maximizing cash flow. Located near downtown Spencer, schools, shopping, and major commuter routes. Excellent opportunity for investors or owner-occupants seeking additional income. Solid rental history with long-term tenants in place. Clean, well-maintained, and generating income from day one. Explore the possibility of adding a 4th unit to increase value and returns. Don’t miss this rare, income-producing property in a growing Central MA market.
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Highlights
- Cooling: Ductless
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1860
- Heating: Ductless, Electric, Oil
- Parking Spots: 15
- Property Type: 3 Family
- Total Rooms: 18
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Exterior Features: Rain Gutters, Varies per Unit
- Foundation: Concrete Perimeter, Stone
- Lot Features: Wooded, Cleared, Gentle Sloping
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Concrete, Unfinished
- Exclusions: Tenants Belongings (Washers And Dryers Belong To Tenants)
- Flooring: Vinyl, Carpet, Vinyl / VCT
- Interior Features: Ceiling Fan(s), Storage, High Speed Internet, Upgraded Cabinets, Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Upgraded Countertops, Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Kitchen, Laundry Room, Living RM/Dining RM Combo, Living Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Vr
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Conservation Area, House of Worship, Public School, Sidewalks
- Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
- Covered Parking Spaces: 1
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Utilities
- Electric: Circuit Breakers, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $395,600
- Tax Year: 2025
- Total Rent: $5,650
- Rental Fee Includes: Unit 1(Water), Unit 2(Heat, Water), Unit 3(Heat, Water)
- Taxes: $4,644
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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 Castinetti Realty Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
