Active
24 Days on market
1 High St Spencer — Photo 1 of 35

1 High St Spencer — Photo 1 of 35

$830,000

1 High St, Spencer, MA 01562

Spencer, MA 01562

Beds

10

Baths

5

SqFt

5,638

Style

5+ Family - 5+ Units Up/Down

Built

1860

Fantastic multi-unit property in downtown Spencer! Owner pays water and sewer, tenants pay all other utilities. 5 units across 2 buildings with newer high efficiency combi steam boilers in most units, all apartments have own laundry facilities, and some units have newer mini-splits for air conditioning. Near to downtown amenities. Property grosses $86,400 per year with long term tenants and room to grow! Seller does not live in property, buyers/buyers agent to do all due diligence.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$147/sqft
Local Avg (Spencer)$261/sqft
44% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Spencer, MA.

Property Details

Financials

Original Price$830,000
Annual Taxes$6,973

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms23
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningVR

Property & Lot

Acres0.41
SqFt Lot17,684
Lot FeaturesCorner Lot

Geography

Population

12,008

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$81K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

37.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Jeffrey Brodeur

Listing Office: Keller Williams Pinnacle Central

MLS® Number: 73564219

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