$540,000
SOLD JUN 13, 2025

10 Main St Spencer, MA 01562

6 Beds
3 Baths
2,819 Sq Ft
0.43 Acres

Recently Sold

$192 Per Sq Ft

13% Above List Price

43 Days on Market

Highlights

  • Barn or Stable
  • Deck
  • Corner Lot
  • Medical Services
  • Property is near public transit
  • Jogging Path

About This Home

As of June 2025

Excellent residential investment opportunity located in 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. Back on market, buyer lost funding. Appraised at 545k.

Last Agent to Sell the Property

Ed. Y Arriola

Keller Williams Realty North Central Listed on: 04/10/2025

Keller Williams Realty North Central

Co-Listed By

Sarah Arriola

Keller Williams Realty North Central

Last Buyer's Agent

Angela Choiniere

Noonan/Lombardi, REALTORS® LLC

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

  • Total Actual Rent $4,700
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,203

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1860
  • Levels: 4
  • Year Built Details: Approximate,Renovated Since
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Vinyl, Carpet, Varies
  • Interior Amenities: Storage, Laundry Room, Bathroom With Tub, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Microwave, ENERGY STAR Qualified Refrigerator, Plumbed For Ice Maker
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete
  • Above Grade Finished Sq Ft: 1759
  • Below Grade Sq Ft: 1060
  • Living Area: 2819
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 169.92
  • PRICE PER Sq Ft: 191.56
  • MAIN SO: AN5963

Exterior Features

  • Exterior Features: Rain Gutters, Varies per Unit
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Other Structures: Shed(s), Barn/Stable
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: spenc
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1600

Lot Info

  • Parcel Number: M:00U08 B:00134 L:00000,1692917
  • Zoning: VR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Gentle Sloping
  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Sq Ft: 18711
  • Lot Size Units: Acres
  • PAGE: 85

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4203
  • Tax Book Number: 68376

Multi Family

  • Gross Income: 56000
  • Insurance Expense: 2364
  • Net Operating Income: 52436
  • Number Of Units Total: 3
  • Operating Expense: 3964
  • Total Actual Rent: 4700
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
  • FLRS 2: 1

MLS Schools

  • High School: David Prouty
  • Middle Or Junior School: North Brookfiel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
Jun 13, 2025
Sold by
Gimenez Mauro
Bought by
Lier Andrew and Adhikari Joshna
Seller's Agent
Ed. Y Arriola
Keller Williams Realty North Central
Buyer's Agent
Angela Choiniere
Noonan/Lombardi, REALTORS® LLC
List Price
$479,000
Sold Price
$540,000
Premium/Discount to List
$61,000
12.73%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.82%
Original Mortgage
$513,000
Outstanding Balance
$512,116
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$4,943

Purchase Details

Closed on
May 24, 2007
Sold by
Riel Susan A and Langevin Susan R
Bought by
Langevin Robert J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $540,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $513,000 Purchase Money Mortgage
Closed $513,000 Purchase Money Mortgage
Previous Owner $366,300 FHA
Previous Owner $288,000 Purchase Money Mortgage
Previous Owner $55,000 No Value Available
Previous Owner $67,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $540,000 +12.7% $192 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $479,000 0.0% $170 / Sq Ft
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)

Tax History Compared to Growth

Source: Public Records

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 $4,203 $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

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73357978

MLS Property Information Network (MLS PIN)

APN: SPEN-000008U-000134