10 Main St Spencer, MA 01562
Estimated payment $3,019/month
Total Views
1,459
6
Beds
3
Baths
2,819
Sq Ft
$170
Price per Sq Ft
Highlights
- Barn or Stable
- Deck
- Corner Lot
- Medical Services
- Property is near public transit
- Jogging Path
About This Home
Excellent residential investment opportunity located in the center of Spencer. This three family property features two vacant units that are ready for rental and one unit occupied by a long-term tenant who has resided in the lower level unit for 13 years. With 2,819 square feet of living space, this property presents a fantastic chance for investors, families seeking multi-generational living arrangements, or anyone looking to enhance their rental income portfolio. Each unit is equipped with its own separate gas meters, water heaters, and electrical panels. Additionally there's a dedicated electrical panel for the landlord and a separate gas and electric meter for the barn. Nice corner lot featuring 2 spacious deck seating areas and separate yards for each unit. A paved driveway and back parking area offer abundant off-street parking. Shared laundry area and a 3 floor barn attached to the building could offer the opportunity for a 4th unit. Open houses Sat 4/12 and Sun 4/13
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,203
Year Built
- Built in 1860
Lot Details
- 0.43 Acre Lot
- Near Conservation Area
- Corner Lot
- Gentle Sloping Lot
Home Design
- Triplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- Property has 1 Level
- Insulated Windows
- Living Room
- Dining Room
- Storage
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Microwave
- ENERGY STAR Qualified Refrigerator
- Plumbed For Ice Maker
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
- Block Basement Construction
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
- Shed
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- North Brookfiel Middle School
- David Prouty High School
Horse Facilities and Amenities
- Barn or Stable
Utilities
- No Cooling
- Heating System Uses Natural Gas
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:00U08 B:00134 L:00000,1692917
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $2,364
- Water Sewer Expense $1,600
- Operating Expense $3,964
- Net Operating Income $52,436
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $42 | $358,000 | $45,700 | $312,300 |
| 2024 | $3,782 | $330,600 | $45,700 | $284,900 |
| 2023 | $3,175 | $263,300 | $45,700 | $217,600 |
| 2022 | $3,197 | $242,900 | $41,600 | $201,300 |
| 2021 | $2,607 | $185,700 | $41,600 | $144,100 |
| 2020 | $2,496 | $176,800 | $41,600 | $135,200 |
| 2019 | $2,322 | $167,500 | $36,800 | $130,700 |
| 2018 | $2,102 | $156,600 | $43,700 | $112,900 |
| 2017 | $2,153 | $154,000 | $41,600 | $112,400 |
| 2016 | $2,241 | $156,800 | $41,600 | $115,200 |
| 2015 | $2,253 | $164,800 | $46,500 | $118,300 |
| 2014 | $2,167 | $164,800 | $46,500 | $118,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $479,000 | +33.1% | $170 / Sq Ft |
| 10/20/2022 10/20/22 | Sold | $360,000 | +2.9% | $211 / Sq Ft |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- |
| 09/03/2022 09/03/22 | For Sale | $350,000 | -- | $205 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $366,300 | FHA | |
| Closed | $288,000 | Purchase Money Mortgage | |
| Closed | $55,000 | No Value Available | |
| Previous Owner | $67,500 | No Value Available |
Source: Public Records
Similar Homes in Spencer, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73357978
APN: SPEN-000008U-000134
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