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Listed price in listed location currency (USD).
$1,100,000

141314

MLS® 73492808

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 17554 sqft
Garage 
Taxes $6,429
Days Active 17
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $62
MLS® Number 73492808

Property Address: 106 Main St, Spencer, MA, 01562-2192

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number73492808
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
106 Main St, Spencer, MA

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