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106 Main St, Spencer MA 01562

Spencer, MA 01562
$1,100,000
Est. $6,298/month
14
Beds
13
Baths
17,554
Sq Ft
$63
Price/Sq Ft
0.38
Acres
1900
Year Built
5+ Family - 5+ Units Up/Down
Type
6 hours 40 minutes
Time on Market
Active Listed Mar 27, 2026 • MLS# 73492808 Copied!

About this home

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.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
14
Full Bathrooms
13
Living Area
17,554 sq ft
Total Rooms
14
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1900
Living Area 17,554 sq ft
Lot Size 0.38 acres
Bedrooms 14
Full Baths 13
Total Rooms 14

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 14

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,429
Assessed Value $547,600

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 14
Parking Features:

Location

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Neighborhood

106 Main St, Spencer MA 01562

Spencer, MA 01562

Walkability

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Nearby Schools

School District
Spencer-East Brookfield School District local
F
E

Elementary Schools

1 school
C-
Wire Village School
1.6 mi | #667 of 824 | Score: 37.5
Improved 6 spots from last year
-20.7 below state avg
430 students Moderate
Grades K-04
M

Middle Schools

1 school
D
Knox Trail Middle School
0.7 mi | #328 of 352 | Score: 28.5
Dropped 51 spots from last year
-29.7 below state avg
415 students Moderate
Grades 05-08
H

High Schools

1 school
C
David Prouty High School
1.0 mi | #271 of 346 | Score: 44.4
Dropped 26 spots from last year
-13.8 below state avg
306 students Moderate
13 sports • 482 athletes
Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $536
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 27, 2026
$1,100,000
Original listing
Agent: James Glickman Office: NAI Glickman Kovago & Jacobs

Price & Status History

Date Event Price Change
Mar 27, 2026 New Listing Added $1,100,000 —

Market Statistics

Time on Market
6 hours 40 minutes
Price per Sq Ft
$63

Tax History

Year Taxes Assessment
2025 $6,429 $547,600

Financial Details

Annual Property Tax
$6,429
Tax Year 2025
Assessed Value
$547,600

Listing Information

Listing Agent James Glickman
Listing Office NAI Glickman Kovago & Jacobs
Agent MLS ID K9500526
Office MLS ID AN2432
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Spencer, MA

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106 Main St, Spencer MA 01562 - Photo 1 106 Main St, Spencer MA 01562 - Photo 2 106 Main St, Spencer MA 01562 - Photo 3 106 Main St, Spencer MA 01562 - Photo 4
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