106 Main StreetSpencer, MA 01562MLS Number 73492808

  • Price: $1,100,000
  • Est. Mortgage of $/month
  • 95 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jun 25, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
106 Main Street Spencer MA 01562106 Main Street Spencer MA 01562106 Main Street Spencer MA 01562106 Main Street Spencer MA 01562
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  • 14Bedrooms
  • 0.38Acreage
  • 13Bathrooms
  • 1900Year Built

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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.
Listed by James Glickman of NAI Glickman Kovago & Jacobs

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More Info

Basic Information

  • Gross Income $22,800
  • Lot Features Corner Lot
  • Mls StatusUnder Agreement
  • Parcel Number 1692781

Location

  • Address106 Main Street
  • Building Number106
  • CountyWorcester
  • StateMA
  • StreetMain Street
  • TownSpencer
  • Zip01562

Utilities

  • Sewer Public Sewer
  • Water Source Public

Tax Information

  • Tax Assessed Value $547,600
  • Tax Year 2025
  • Taxes$6,429

Basic Information

  • List Price$1,100,000
  • MLS Number73492808
  • Modification Date05/05/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date05/01/2026

Property

  • Acreage0.38

Property Information

  • Building Area Source Public Records
  • Living Area 17,554
  • Lot Size Square Feet 16,449
  • Lot Size Units Acres
  • Square Feet17,554

Parking

  • Parking Spaces14

Rooms

  • Bathroom13
  • Bathrooms Total Decimal 13
  • Bedrooms14
  • Full Bath13

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 3
  • Rooms14
  • Stories3
  • Units17
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed03/27/2026
  • Farm Land Area Units Square Feet
  • View Count6
CENTURY 21 Shawmut Properties | Brighton
CENTURY 21 Shawmut Properties | Brighton
134 Tremont Street
Brighton, MA 02135

Spencer, MA Demographics

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Spencer, MA Real Estate Market Data

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Spencer, MA Schools

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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