27 Elm Street, Spencer MA 01562

Spencer, MA 01562
$300,000
Est. $1,976/month
5
Beds
2
Baths
1,658
Sq Ft
$181
Price/Sq Ft
0.07
Acres
1910
Year Built
5
Parking
9 hours 48 minutes
Time on Market
For Sale Listed Aug 17, 2026 • MLS# 73564642 Copied! • Updated Aug 17, 2026

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About this home

Property showings are available Mondays, Wednesdays, and Saturdays only. Please refer to the Special Showing Instructions for details on how to schedule an appointment.Don't miss this exceptional 2-family investment opportunity, offering two spacious, move-in-ready units with income potential and room for future growth. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this property offers flexibility, efficiency, and long-term value.The first-floor unit features 3 bedrooms, 1 bathroom, a porch, and washer and dryer hookups. The second-floor unit offers 2 bedrooms, 1 bathroom, an enclosed porch, and access to the attic. The attic includes electricity and a bonus space, offering exciting potential to be finished into additional usable space, subject to buyer due diligence and any required approvals. All appliances pictured are included with the sale. Major improvements have already been completed, including conversion from oil to natural gas with a high-efficiency gas boiler, Mass Save insulation completed approximately four years ago, and an upgrade to 200-amp electrical service with updated wiring throughout the home. According to the seller, these efficiency upgrades have helped keep energy costs low. Five front-facing windows were also replaced last year. Additional highlights include a dedicated driveway with off-street parking and a convenient location near CVS, restaurants, local shops, and everyday essentials. With significant system upgrades already completed, both units ready for occupancy, and additional upside potential, this multi-family is a compelling opportunity for investors and owner-occupants alike.

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Property History

Property Timeline

🏠
Listed for Sale
Aug 17, 2026
$300,000
Original listing
Office: Charlesgate Realty Group, llc

Tax History

Year Taxes Assessment
2026 $3,111 $283,300

Financial Details

Annual Property Tax
$3,111
Tax Year 2026
Assessed Value
$283,300

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1910
Living Area 1,658 sq ft
Lot Size 0.07 acres
Stories 2
Bedrooms 5
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating Natural Gas
Cooling Window Unit(s)
Flooring Tile, Carpet, Laminate
Appliances Range, Refrigerator, Washer/dryer, Range Hood
Fireplace None
Basement Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features None
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Enclosed
Features Paved Drive, Off Street
Total Spaces 5
Electric 200+ Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,111
Assessed Value $283,300
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1910
Bedrooms
5
Full Bathrooms
2
Living Area
1,658 sq ft
Total Rooms
10
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Tile, Carpet, Laminate
Appliances: Range, Refrigerator, Washer/Dryer, Range Hood
Interior Features:
Windows:
Basement: Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Brick/Mortar, Other
Stories: 2

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street
School District
Spencer-East Brookfield School District local
F
E

Elementary Schools

3 schools
C-
Wire Village School
1.7 mi | #667 of 824 | Score: 37.5
Improved 6 spots from last year
-20.7 below state avg
430 students Moderate
Grades K-04
C-
East Brookfield Elementary School
2.2 mi | #727 of 824 | Score: 33.7
Dropped 264 spots from last year
-24.5 below state avg
247 students Moderate
Grades PK-06
Mad Brook Academy
3.7 mi
Grades PK
M

Middle Schools

2 schools
D
Knox Trail Middle School
0.6 mi | #328 of 352 | Score: 28.5
Dropped 51 spots from last year
-29.7 below state avg
415 students Moderate
Grades 05-08
C+
Leicester Middle School
4.7 mi | #227 of 352 | Score: 38.5
Improved 4 spots from last year
-19.7 below state avg
394 students Diverse
Grades 05-08
H

High Schools

3 schools
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
B
Leicester High School
4.7 mi | #161 of 346 | Score: 54.0
Dropped 1 spots from last year
-4.2 below state avg
388 students Diverse
14 sports • 674 athletes
Strong AP Program Career Tech Programs College Ready Curriculum
Grades 09-12
C-
North Brookfield High School
4.9 mi | #304 of 346 | Score: 37.3
Dropped 1 spots from last year
-20.9 below state avg
157 students Less Diverse
College Ready Curriculum
Grades 06-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $259
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Location

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Neighborhood

27 Elm Street, Spencer MA 01562

Spencer, MA 01562

Listing Information

Listing Agent Cassandra Sierra
Listing Office Charlesgate Realty Group, llc
Office Phone 617-587-0100
Agent MLS ID CN257579
Office MLS ID NB1520
Listing Data Updated Aug 17, 2026 4:22 PM EDT
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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