$1,500,000
OPEN THU 5PM - 6PM

9 Maple St Spencer, MA 01562

Estimated payment $8,745/month

12 Beds
11 Baths
8,432 Sq Ft
$178 Price per Sq Ft

Highlights

  • Beach Front
  • Wood Flooring
  • Balcony
  • Property is near public transit and schools
  • Jogging Path
  • Bathtub with Shower

About This Home

Cash-flowing, fully occupied 11-unit investment opportunities like this rarely hit the market in Spencer! 9-11 Maple St offers strong in-place income with additional upside potential, making it an attractive addition to any investment portfolio. This multi-family package features two buildings with a desirable mix of ten 1-bedroom units and one 2-bedroom unit, providing broad tenant appeal and consistent rental demand. Tenants enjoy ample off-street parking and shared on-site laundry, while investors will appreciate the steady cash flow, strong occupancy, and opportunity for future rent growth. The property’s central location helps support long-term tenant retention with convenient access to local shops, restaurants, and everyday amenities. Whether you're looking to expand your portfolio, add a high-performing asset to your holdings, or capitalize on future value-add potential, this rare Spencer multi-family presents an outstanding opportunity. Don't miss out on this rare opportunity!

Listing Agent

James Black

Real Broker MA, LLC Listed on: 05/19/2026

Real Broker MA, LLC

Co-Listing Agent

Richard Jenkins

Real Broker MA, LLC

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,939

Year Built

  • Built in 1893

Lot Details

  • 33,263 Sq Ft Lot
  • Beach Front
  • Level Lot

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,432 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Range
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Full Bathrooms
  • Bathtub with Shower

Parking

  • 11 Open Parking Spaces
  • 11 Car Parking Spaces
  • Off-Street Parking

Schools

  • Knox Trail Elementary And Middle School
  • David Prouty High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Balcony
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:00U07 B:00067 L:00000

Community Details

Overview

  • 11 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $1,000
  • Insurance Expense $6,000
  • Water Sewer Expense $6,000
  • Operating Expense $18,000
  • Net Operating Income $124,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,939

Year Built

Built in 1893

Lot Details

0.76 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1893
  • Levels: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: OpenHouse
  • Stories: 5

Interior Features

  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 12
  • Basement YN: Yes
  • Full Bathrooms: 11
  • Total Bathrooms: 11
  • Above Grade Finished Sq Ft: 8432
  • Living Area: 8432
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN4866

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Lake/Pond, 0 to 1/10 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 11
  • Parking Features: Off Street
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Forced Air, Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 6000

Lot Info

  • Parcel Number: M:00U07 B:00067 L:00000
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 33263
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8939

Multi Family

  • Electric Expense: 1000
  • Insurance Expense: 6000
  • Net Operating Income: 124800
  • Number Of Units Total: 11
  • Operating Expense: 18000
  • Total Actual Rent: 11900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: David Prouty Hs
  • Elementary School: Knox Trail
  • Middle Or Junior School: Knox Trail

Map

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 List to Sale Price per Sq Ft
05/19/2026 05/19/26 For Sale $1,500,000 -- $178 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73521092

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.