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.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Interior Access, Partially Finished, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Sunroom
  • Common Interior Features: Tile Floor
  • Common Appliances: Dryer, None, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Expenses Source: Not Available
  • Gross Operating Income: 31200
  • Net Operating Income: 31200

Utilities

  • Heat Zones: 5
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1940
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73561485
  • Last Updated: 08/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/14/2026Contingent$465,000$175MLSPIN
08/14/2026Active$465,000$175MLSPIN
08/10/2026New$465,000$175MLSPIN
09/29/2009Price Change$194,900$144MLSPIN

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Seller's Representative: Cliff Leinonen & Cindy Leinonen Team, Houseworks Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-14 18:44:00