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$1,350,000
Est. payment /mo
6 Beds
6 Baths
3,624 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,624 sqft
Price per Sqft $372
MLS Listing ID 73366799
Bedrooms 6
Full Baths 6
Year Built 1978
Annual Tax Amount $8,222
Tax Year 2024
Lot Size 0.660 Acres
Acres 0.66
Property Sub-Type 5-9 Family
Property Description
Maple Street Apartments offers investors a rare opportunity to acquire a small, value-add multifamily portfolio in the heart of Spencer, Massachusetts. The property consists of (3) adjacent two-unit buildings, totaling 6 residences with direct-entry layouts that resemble single-family homes—ideal for long-term renters or owner-occupied investors seeking privacy and space. Maple Street Apartments has seen recent exterior and landscaping improvements, while interior renovations in select units have proven rent growth potential, all completed in 2025. Located just a half mile from Route 9, the property provides excellent connectivity to Route 90 (Mass Pike), Downtown Worcester, and Worcester Regional Airport—all within 30 minutes. With under-market rents, full utility separation other than water and sewer, and a desirable residential feel, Maple Street Apartments stands out as a compelling investment in a supply-constrained Central Massachusetts market.
Location
State MA
County Worcester
Zoning VR
Direction gps
Interior
Flooring Vinyl
Exterior
Roof Type Shingle
Total Parking Spaces 12
Garage No
Building
Lot Description Other
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Matthews Real Estate Investment Services, Inc.
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