106 Main St, Spencer, MA 01562

Spencer
Local realty services provided by:ERA Key Realty Services
106 Main St,Spencer, MA 01562
$1,100,000
  • 14 Beds
  • 13 Baths
  • 17,554 sq. ft.
  • Multi-family
  • Active
Listed by: james glickman
Office: nai glickman kovago & jacobs
MLS#:73492808
Source:MLSPIN

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$62.66

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:73492808
  • Updated:May 05, 2026 at 01:27 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:13
  • Full bathrooms:13
  • Rooms Total:14
  • Living area:17,554 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:17,554 sq. ft.
  • Lot area:0.38 Acres
  • Lot Features:Corner Lot
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$62.66
  • Tax amount:$6,429 (2025)

Parking

  • Total parking spaces:14
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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