Carey Rooney - HK Realty Logo
$1,100,000
 $5,905 est/mo Sourced by Back At You

106 Main St,Spencer, MA 01562

Spencer, MA 01562

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Description

Presenting a 17-unit mixed-use property located on Route 9 in downtown Spencer, Massachusetts, comprising 13 residential units and 4 commercial units. The property currently operates with strong occupancy 10 of 13 residential units and 3 of 4 commercial units are tenant-occupied, generating rental income that supports the asking price at current rates. All leases are structured on a month-to-month basis, offering a prospective investor maximum flexibility to implement a value-add strategy through unit improvements, rent adjustments, and lease restructuring without the constraints of long-term tenant agreements. Situated along Spencer's primary commercial corridor with steady local foot traffic and convenient access to the greater Worcester area, this property presents a compelling opportunity for an investor seeking immediate cash flow with significant upside potential. Do not contact the residences or the business on property.

Details

MLS #73492808
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1900
Days On Site147
Listing Provided ByNAI Glickman Kovago & Jacobs | James Glickman

Features

Bed(s)14
Bath(s) 13 Total
SQ Feet17,554
Story(s)3
Units17
ZoningC
Acreage0.38

Interior

Rooms Total14
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete Perimeter
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount6429
Tax Assessed Value547600
Tax Year2025

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CitySpencer
Zip Code01562
AreaWorcester
Listing VS Median (in 01562)
Price:
$1,100,000
low | high
Med:
$448,000
100% of Average
sqft:
17,554
low | high
Med:
2,013
100% of Average
$ / sqft:
$63
low | high
Med:
$223
100% of Average
On site:
147
low | high
Med:
59
100% of Average
Sourced by Back At You

Market Activity 01562

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Additional Information

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Contact

Learn More About This Property

Carey Rooney

Carey Rooney

HK Realty

Relocation Specialist, RESA Certified Staging Advocate (603) 475-4087carey.rooney@h-krealty.com
StateMA
CountyWorcester
CitySpencer
Zip Code01562
AreaWorcester
Listing VS Median (in 01562)
Price:
$1,100,000
low | high
Med:
$448,000
100% of Average
sqft:
17,554
low | high
Med:
2,013
100% of Average
$ / sqft:
$63
low | high
Med:
$223
100% of Average
On site:
147
low | high
Med:
59
100% of Average
Sourced by Back At You
Listing Updated: July 10, 2026 at 3:42:09 PM PDT

Carey Rooney - HK Realty