42 Mechanic St Spencer, MA 01562
Estimated payment $2,021/month
About This Home
Fantastic opportunity to own a well-maintained two-family home in the heart of Spencer. Each spacious unit offers 3 bedrooms and 1 full bath, providing comfortable living with flexible options for owner-occupants or investors alike. Enjoy a fully fenced backyard, perfect for outdoor space, along with a convenient storage shed. Ideally located close to public transportation, shopping, restaurants, and everyday amenities, this property offers convenience at its best. A great chance to invest or live in one unit while generating rental income from the other! All types of financing welcomed.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,924
Year Built
- Built in 1880
Home Design
- Duplex
- Stone Foundation
Interior Spaces
- 1,816 Sq Ft Home
- Property has 1 Level
- Living Room
- City Views
- Basement
- Dirt Floor
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Additional Features
- Bulkhead
- 3,465 Sq Ft Lot
Community Details
- 2 Units
- Net Operating Income $14,400
Listing and Financial Details
- Assessor Parcel Number 1692517
Map
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 | $29 | $249,100 | $24,500 | $224,600 |
| 2024 | $2,621 | $229,100 | $24,500 | $204,600 |
| 2023 | $2,488 | $206,300 | $24,500 | $181,800 |
| 2022 | $2,499 | $189,900 | $22,300 | $167,600 |
| 2021 | $2,092 | $149,000 | $22,300 | $126,700 |
| 2020 | $1,985 | $140,600 | $22,300 | $118,300 |
| 2019 | $1,860 | $134,200 | $20,100 | $114,100 |
| 2018 | $1,665 | $124,100 | $26,800 | $97,300 |
| 2017 | $1,715 | $122,700 | $25,500 | $97,200 |
| 2016 | $1,300 | $91,000 | $25,500 | $65,500 |
| 2015 | $1,666 | $121,900 | $32,300 | $89,600 |
| 2014 | $1,603 | $121,900 | $32,300 | $89,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/10/2026 01/10/26 | For Sale | $339,900 | -- | $187 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $85,000 | -- | |
| Deed | $1,000 | -- | |
| Deed | -- | -- | |
| Deed | $36,000 | -- | |
| Foreclosure Deed | $85,000 | -- | |
| Deed | $80,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $75,000 | Purchase Money Mortgage | |
| Previous Owner | $55,200 | No Value Available | |
| Previous Owner | $35,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73467313
APN: SPEN-000007U-000022
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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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