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$1,100,000
Monthly Est:$5,475
14 Beds
13 Baths13 full baths
17,554sqft
106 Main St, Spencer, MA 01562
$1,100,000
$5,475/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
0.38 acre lot
$63/sq.ft
Description
Presenting a 17-unit mixed-use property located on Route 9 in downtown Spencer, Massachusetts, comprising 13 residential units and 4 commercial units. The property currently operates with strong occupancy — 10 of 13 residential units and 3 of 4 commercial units are tenant-occupied, generating rental income that supports the asking price at current rates. All leases are structured on a month-to-month basis, offering a prospective investor maximum flexibility to implement a value-add strategy through unit improvements, rent adjustments, and lease restructuring without the constraints of long-term tenant agreements. Situated along Spencer's primary commercial corridor with steady local foot traffic and convenient access to the greater Worcester area, this property presents a compelling opportunity for an investor seeking immediate cash flow with significant upside potential. Do not contact the residences or the business on property.
- Houzeo last checked: 14 minutes ago
- Listing updated: May 5, 2026 at 1:09 pm
- Listing Provided by: |
- Source: MLS Property Information Network-MA | MLS#: 73492808
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
17,554 sqft
Lot Size
0.38 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73492808
MLS Status
Under Agreement
Days on Market
197
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 14
Bathrooms: 13
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Foundation Details
Concrete Perimeter
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Corner Lot
Price History
| Date | Event | Price |
|---|---|---|
05/05/2026 Source: | Pending | $1,100,000 $63/sqft |
03/27/2026 Source: | Listed for Sale | $1,100,000 $63/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 10, 2026, 09:00PM. The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
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