$505,000
7
Beds
4
Baths
2,656
Living Area
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Property Description
FINAL & BEST BY 8/14/26 5PM. EXPIRE 8/15 PLS TO ALLOW REVIEW & GET SIGNATURES. ESCALATION CLAUSES WILL NOT BE ACCEPTED OR LOVE LETTERS. Four-family property offering flexibility for both investors and owner-occupants. The unit mix includes two one-bedroom apartments, one two-bedroom apartment, and one apartment with three bedrooms. One unit is currently occupied, while the vacant one-bedrooms and two-bedroom units provide an opportunity for immediate owner occupancy, new tenant placement, or cosmetic improvements. Each unit has separate heat and electricity, with an owner’s meter serving the common lighting and two-car garage. The garage also features walk-up storage above, and the property provides ample off-street parking. Conveniently located near downtown Spencer, everyday services, Luther Hill Park, and a bus stop, with access to Routes 9 and 31, the Mass Pike, Worcester, and Sturbridge. A versatile multifamily opportunity with several paths for future use and income growth.
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Highlights
- Heating: Baseboard, Natural Gas, Unit Control
- Parking Spots: 7
- Property Type: 4 Family
- Total Rooms: 16
- Status: Closed
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1940
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Additional Details
- Appliances: None, Range, Refrigerator, Washer, Dryer
- Construction: Frame
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Partially Finished, Interior Entry, Unfinished
- Exclusions: Owner's Personal Belongings Including But Not Limited To Refrigerator, Washer, Dryer
- Flooring: Tile, Vinyl, Carpet, Varies, Laminate
- Interior Features: High Speed Internet, Living Room, Kitchen, Sunroom
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Zoning: Vr
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, Tandem, Paved
- Covered Parking Spaces: 2
- Waterfront Features: Lake/Pond, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $343,800
- Tax Year: 2026
- Total Rent: $2,600
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $3,775
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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 Houseworks Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.