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Properties

  • 106 Main St, Spencer, Massachusetts, 14 Bedrooms Bedrooms, 14 Rooms Rooms,13 BathroomsBathrooms,Residential Income,For Sale,Main St,73492808
  • 106 Main St, Spencer, Massachusetts, 14 Bedrooms Bedrooms, 14 Rooms Rooms,13 BathroomsBathrooms,Residential Income,For Sale,Main St,73492808
  • 106 Main St, Spencer, Massachusetts, 14 Bedrooms Bedrooms, 14 Rooms Rooms,13 BathroomsBathrooms,Residential Income,For Sale,Main St,73492808
  • 106 Main St, Spencer, Massachusetts, 14 Bedrooms Bedrooms, 14 Rooms Rooms,13 BathroomsBathrooms,Residential Income,For Sale,Main St,73492808
Property 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.

Features
Sewer:
Public Sewer
Water:
Public
Garage Parking
Lead Paint:
Unknown
Additional Information
Market Time:
4
Parking Spaces:
14
Tax Year:
2025
Status:
Active
Price Per Sqft:
$63
Zoning:
C
No Units:
17
Orig Price:
$1,100,000
LEASE:
Yes
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Spencer
State:
MA
County:
Worcester
Postal Code:
01562
Longitude:
W72° 0' 14.5''
Latitude:
N42° 14' 36.5''
  • Google Map

Residential Income

106 Main St, Spencer, Massachusetts

14 Bedrooms
13 Total Bathrooms
17,554 Sqft
$1,100,000
Listing ID #73492808
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,100,000
Bedrooms :
14
Rooms :
14
Total Bathrooms :
13
Full Bathrooms :
13
Square Footage :
17,554 Sqft
Year Built :
1900
Lot Area :
0.38 Acre
Listing ID :
73492808
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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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