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  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
  • 0 Townhouse Court, Spencer, Massachusetts, 36 Bedrooms Bedrooms, 72 Rooms Rooms,18 BathroomsBathrooms,Residential Income,For Sale,Townhouse Court,73368911
Property Description

Townhouse Court Apartments presents investors with a compelling opportunity to acquire a well-located, value-add multifamily asset in Spencer, Massachusetts. Comprising (2) adjacent 9-unit buildings totaling 18 townhouse-style residences, the property offers immediate upside through interior upgrades and rent repositioning. All units feature desirable two-bedroom layouts with direct access, individual utility metering, and a surface parking lot. Townhouse Court has benefitted from recent exterior and landscaping upgrades, while select unit renovations have demonstrated strong rental premiums. Located just off Route 9 and less than 30 minutes to Downtown Worcester and the Mass Pike (Route 90), the property is ideally situated for commuter access, regional employment, and long-term tenant retention. With strong fundamentals, below-market rents, and clear value enhancement potential, Townhouse Court Apartments is positioned to deliver outsized returns in a tight Central MA market.

Features
Parking:
Off Street
Construction:
Frame
Flooring:
Wood
Sewer:
Public Sewer
Water:
Public
Garage Parking
Lead Paint:
Unknown
Additional Information
Market Time:
153
Parking Spaces:
30
Tax Year:
2024
Status:
Closed
Price Per Sqft:
$273
Zoning:
SR
No Units:
18
Orig Price:
$4,250,000
LEASE:
Yes
Waterfront:
No
MlsStatus:
Sold
Address Map
City:
Spencer
State:
MA
County:
Worcester
Postal Code:
01562
Longitude:
W72° 1' 10.5''
Latitude:
N42° 15' 1.9''
  • Google Map

Residential Income

0 Townhouse Court, Spencer, Massachusetts

36 Bedrooms
18 Total Bathrooms
14,760 Sqft
$4,100,000
Listing ID #73368911
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$4,100,000
Bedrooms :
36
Rooms :
72
Total Bathrooms :
18
Full Bathrooms :
18
Square Footage :
14,760 Sqft
Year Built :
1970
Listing ID :
73368911
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information 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 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 set forth herein.

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