Property showings are available Mondays, Wednesdays, and Saturdays only. Please refer to the Special Showing Instructions for details on how to schedule an appointment.Don't miss this exceptional 2-family investment opportunity, offering two spacious, move-in-ready units with income potential and room for future growth. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this property offers flexibility, efficiency, and long-term value.The first-floor unit features 3 bedrooms, 1 bathroom, a porch, and washer and dryer hookups. The second-floor unit offers 2 bedrooms, 1 bathroom, an enclosed porch, and access to the attic. The attic includes electricity and a bonus space, offering exciting potential to be finished into additional usable space, subject to buyer due diligence and any required approvals. All appliances pictured are included with the sale. Major improvements have already been completed, including conversion from oil to natural gas with a high-efficiency gas boiler, Mass Save insulation completed approximately four years ago, and an upgrade to 200-amp electrical service with updated wiring throughout the home. According to the seller, these efficiency upgrades have helped keep energy costs low. Five front-facing windows were also replaced last year. Additional highlights include a dedicated driveway with off-street parking and a convenient location near CVS, restaurants, local shops, and everyday essentials. With significant system upgrades already completed, both units ready for occupancy, and additional upside potential, this multi-family is a compelling opportunity for investors and owner-occupants alike.
Fantastic multi-unit property in downtown Spencer! Owner pays water and sewer, tenants pay all other utilities. 5 units across 2 buildings with newer high efficiency combi steam boilers in most units, all apartments have own laundry facilities, and some units have newer mini-splits for air conditioning. Near to downtown amenities. Property grosses $86,400 per year with long term tenants and room to grow! Seller does not live in property, buyers/buyers agent to do all due diligence.
RARE WATERFRONT ranch style DUPLEX on beautiful (private) Cranberry Meadow Pond. THIS IS A PRIME SPOT, with APPROX 136' OF WATER FRONTAGE offering panoramic views, located on a PAVED ROAD! Whether you're an investor seeking a unique income-producing property, an owner-occupant looking to offset your mortgage with rental income, or if you are looking for a property for multi-generational living, this single-level, cozy duplex offers an exceptional opportunity in a picturesque setting. Both units feature warm wood accents, spacious eat-in kitchens with custom made pan-racks and abundant cabinet space, cozy fireplaced living rooms, two bedrooms, 3/4 baths, and convenient in-unit laundry hook-ups. Unit 1 also includes a versatile den, while unit 2 offers an encolsed porch, perfect for relaxing with a cup of morning coffee while taking in the peaceful waterfront scenery. Outside the 2-tiered backyard meets the water's edge with easy, shallow access to step out into the water. With the dock, storage shed, pump house, irrigation (on the side of the house by unit 2), and generator hookup (for unit 1), this property is ready for new owners to start their summer fun! Many updates including new roof (approx 2022), insulation in roof (approx 5-6 years ago), walls redone and insulated (approx 2012), sub-floor & flooring (approx 2012), and furnace (less than 10 years old)! Move right in! This is a rare chance to own a waterfront property that combines everyday enjoyment with highly desirable rental potential in Spencer! Whether you enjoy boating, fishing, swimming, kayaking or just enjoying your morning coffee by the water...This is the property you have been waiting for!
2 family investment opportunity - will need some work. Being sold as-is. Certain financing will not qualify. Plenty of off-street parking. Both floors have 2 bedrooms. 2nd floor has access to the attic with an additional finished room.
Recently renovated, with updated electrical & plumbing, this three-family dwelling sits across from Muzzy Meadow Pond. Ready for immediate occupancy. The residence incorporates three full bathrooms, six bedrooms, third floor unit has walkup attic with two extra rooms waiting to be finished. The culinary heart of this property features meticulously designed kitchens, complete with elegant cabinets, updated countertops, and a tasteful backsplash, creating an inspiring environment for daily routines. Complementing the interior, a welcoming deck extends the living experience outdoors, offering a tranquil setting for enjoyment on the 3657 square feet lot. Parking for 3+ cars. This property, originally constructed in 1900, embodies enduring character. This property presents a truly remarkable opportunity for owner occupant or an investment. Convenient location, close to shopping, restaurants, schools, walking distance to downtown, 20 minutes to Worcester & 40 minutes to Springfield.
Spencer is located in Massachusetts. Spencer, Massachusetts has a population of 11,963. Spencer is less family-centric than the surrounding county with 25.3% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Spencer, Massachusetts is $68,559. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Spencer is 47.9 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 48.1 inches per year, with 58.4 inches of snow per year.
