106 Main St, Spencer, MA 01562
- Beds
- 14
- Baths
- 13
- Sqft
- 17,554
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 3
- Number of bedrooms
- 14
- Number of bathrooms
- 13
- Square feet
- 17,554
- Lot size (acres)
- 0.38
- Year built
- 1900
Utilities
- Sewer
- Public Sewer
- Water
- Public Water
Taxes
- Tax Annual Amount (2025)
- $6,429
Public schools
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Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73492808 Last checked: …
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