$705,000
SOLD JUN 10, 2025

40 Lincoln St Spencer, MA 01562

6 Beds
6 Baths
3,486 Sq Ft
1870 Built

Recently Sold

$202 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

  • Granite Flooring
  • Property is near public transit
  • Solid Surface Countertops
  • Deck
  • Corner Lot
  • Home Office

About This Home

As of June 2025

A rare and exceptional opportunity awaits in this meticulous Victorian gem that’s been treasured and lovingly maintained by the same family for three generations. Transformed into five distinct units over the years, you’ll find a blend of timeless charm, modern convenience and Victorian craftsmanship around every bend. The grand common hallway features exquisite original woodwork that's sure to greet you in awe and sets the tone for each unique and spacious unit; featuring a full kitchen, cozy living area, generous closet space and charming private outdoor areas for you and your tenants to enjoy. Two apartments offer in-unit laundry, with a shared facility in the lower level, as well as ample off-street parking. Recent improvements include upgraded heating and hot water systems, a new oil tank and mini-split systems in two "owners" units. The home and shed have been freshly painted, still maintaining its timeless elegance. Don’t miss your opportunity to own this magnificent property!

Last Agent to Sell the Property

Elisha Lynch

Lamacchia Realty, Inc. Listed on: 03/31/2025

Lamacchia Realty, Inc.

Last Buyer's Agent

Anne Oakman

Media Realty Group Inc.

Media Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 1870

Lot Details

  • Corner Lot
  • Level Lot
  • Cleared Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,486 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room
  • Home Office
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Granite

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Ductless Heating Or Cooling System
  • 4 Cooling Zones
  • 7 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Separate Meters
  • 100 Amp Service

Listing and Financial Details

  • Tax Block 24
  • Assessor Parcel Number 1693546

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,428

Year Built

Built in 1870

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1870
  • Levels: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Carpet, Laminate, Hardwood
  • Interior Amenities: Laundry Room, Bathroom with Shower Stall, Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer, Range, Disposal, Refrigerator, Dishwasher, Microwave
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Finished
  • Above Grade Finished Sq Ft: 3486
  • Living Area: 3486
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 199.37
  • PRICE PER Sq Ft: 202.24
  • MAIN SO: AN8368

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Granite
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck - Composite, Covered
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: None, Ductless
  • Heating: Baseboard, Oil, Ductless
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 7
  • COOLING ZONES: 4
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1693546
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Level
  • Lot Size Sq Ft: 0.48
  • Lot Size Units: Acres
  • PAGE: 123

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4428
  • Tax Block: 24
  • Tax Book Number: 51587
  • Tax Lot: 0
  • Tax Map Number: 19

Multi Family

  • Number Of Units Total: 5
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

Similar Homes in Spencer, MA

  • 50 Pleasant St, Spencer, MA 01562

    $589,000

    • 6 Beds
    • 3 Baths
    • 3,067 Sq Ft
    • 50 Pleasant St
    • Spencer, MA

    Fully occupied and turnkey 3-unit multifamily in Spencer, MA with potential for a 4th unit (buyer to verify). This renovated property features two 1-bedroom, 1-bath units and one large 4-bedroom, 1-bath unit—ideal for strong rental income. All units have been updated with modern finishes, including new kitchens, baths, flooring, and paint. Tenants enjoy a fully fenced-in yard, providing privacy

    Joshua Hoffsommer ERA Key Realty Services- Auburn

    Section Image
  • 29 Church St, Spencer, MA 01562

    $625,000

    • 7 Beds
    • 2 Baths
    • 2,600 Sq Ft
    • 29 Church St
    • Spencer, MA

    Fully renovated 2-family home with excellent rental income! Renovated just 3 years ago, this property features two spacious units: Unit 1 offers 3 bedrooms, 1 bath, and an open-concept living room, kitchen, and dining area washer and dryer hook ups in both units.Unit 2 includes 4 bedrooms, 1 bath, and a similar open layout. The third floor offers great potential to add an accessory unit—plumbing

    Alvarenga & Son's Team Keller Williams Realty Evolution

    Section Image
  • 3 Main St, Spencer, MA 01562

    $535,000

    • 5 Beds
    • 2 Baths
    • 2,607 Sq Ft
    • 3 Main St
    • Spencer, MA

    OFFER ACCEPTED! Turnkey investment opportunity or ideal for owner-occupants! This updated two-family home sits on a spacious 1.22-acre lot, offering both privacy and convenience. Move-in ready! First Floor Unit offers 2 bedrooms, 1 bathroom, newly added vinyl flooring & fresh paint, bright and gorgeous updated living room with fireplace. Second floor unit offers 3 bedrooms, formal living room

    Ana Roque Property Investors & Advisors, LLC

    Section Image
See All Homes in Spencer

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $705,000 +1.4% $202 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $695,000 -- $199 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Elisha Lynch

    Seller's Agent in 2025

    Elisha Lynch

    Lamacchia Realty, Inc.

    (508) 560-5061

    5 in this area

    113 Total Sales

    Section Image
  • Anne Oakman

    Buyer's Agent in 2025

    Anne Oakman

    Media Realty Group Inc.

    (508) 365-7036

    2 in this area

    48 Total Sales

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73352383

MLS Property Information Network (MLS PIN)

Massachusetts Worcester County Spencer 01562

40 Lincoln St, Spencer, MA

This home is located at 40 Lincoln St, Spencer, MA 01562 and is currently priced at $705,000, approximately $202 per square foot. This property was built in 1870. 40 Lincoln St is a home located in Worcester County with nearby schools including David Prouty High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes