42 Mechanic St Spencer, MA 01562
Estimated payment $1,995/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 |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | Pending | -- | -- | -- |
| 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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