0 Townhouse Court, Spencer, MA 01562

Local realty services provided by:ERA Key Realty Services
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0 Townhouse Court,Spencer, MA 01562
$4,100,000
  • 36 Beds
  • 18 Baths
  • 14,760 sq. ft.
  • Multi-family
  • Active
Listed by:nicholaus jasinski
Office:matthews real estate investment services, inc.
MLS#:73368911
Source:MLSPIN

Price summary

  • Price:$4,100,000
  • Price per sq. ft.:$277.78

About this home

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.

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Home facts

  • Year built:1970
  • Listing Id #:73368911
  • Updated:August 14, 2025 at 10:28 AM

Rooms and interior

  • Bedrooms:36
  • Total bathrooms:18
  • Full bathrooms:18
  • Living area:14,760 sq. ft.

Structure and exterior

  • Roof:Shingle
  • Year built:1970
  • Building area:14,760 sq. ft.

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,100,000
  • Price per sq. ft.:$277.78
  • Tax amount:$14,327 (2024)
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