MA
Worcester
Spencer
01562
106 Main St
106 Main St, Spencer, MA 01562
Share Listing
Listing Type
Multi Family
Listing Status
Active
4
$1,100,000

Home Details for 106 Main St

Price
$1,100,000
Type
Residential Income
Bedrooms
14
Total Bathrooms
13
Full Bathrooms
13
Square feet
17554
Year built
1900
Lot size acres
0.38
County
Worcester
Total rooms
14
MLS Listing#
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.

Property Features
  • Water Features
    • Public
Listing Courtesy: NAI Glickman Kovago & Jacobs - 508-753-9100
Presented by: James Glickman
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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