31 Clark St, Spencer MA 01562

Spencer, MA 01562
$549,900
Est. $3,276/month
6
Beds
2
Baths
2,790
Sq Ft
$197
Price/Sq Ft
0.22
Acres
1890
Year Built
5 hours 26 minutes
Time on Market
Active Listed Dec 30, 2025 • MLS# 73464151 Copied!

About this home

Attention Investors or Prospective Owner-Occupants! This fully vacant, remodeled two-family at 31 Clark St in Spencer is ready for immediate occupancy or to be leased to quality tenants. Both units have been updated throughout, offering a truly turnkey investment. Major capital improvements include a 5-year-old roof, 2-year-old siding, 3 new electrical panels & meters, updated plumbing, and two brand-new water heaters (2025)—minimizing near-term expenses. Unit 2 features a desirable 4-bedroom layout, ideal for maximizing rental income or accommodating extended living needs, and is equipped with infrared electric heating. With strong rental potential, modern finishes, and no tenants to manage from day one, this property offers flexibility and value whether you’re building your portfolio or looking to offset your mortgage as an owner-occupant. A must-see opportunity in a convenient Spencer location.

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1890
Bedrooms
6
Full Bathrooms
2
Living Area
2,790 sq ft
Total Rooms
13
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 2,790 sq ft
Lot Size 0.22 acres
Bedrooms 6
Full Baths 2
Total Rooms 13

Interior

Heating Baseboard, Natural Gas, Electric
Cooling None
Flooring Laminate
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Pantry, Storage, Walk-in Closet(s), Living Room, Dining Room, Kitchen, Family Room, Sunroom

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed

Parking

Features Paved Drive, Off Street, Common, Paved
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,541
Assessed Value $301,600

Interior Features

Flooring: Laminate
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Ceiling Fan(s), Pantry, Storage, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Family Room, Sunroom
Windows:
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Electric
Heating Zones: 3
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Enclosed
Fencing:
Other Structures: Shed(s)
Lot Features: Corner Lot, Cleared, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Common, Paved

Location

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Neighborhood

31 Clark 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
0.3 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
0.7 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
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Monthly Payment Calculator

Monthly Payment
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $295
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

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Current Rate
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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.

Property History

Property Timeline

🏠
Listed for Sale
Dec 30, 2025
$549,900
Original listing
Agent: Jim Black Group Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Dec 30, 2025 New Listing Added $549,900

Market Statistics

Time on Market
5 hours 26 minutes
Price per Sq Ft
$197

Tax History

Year Taxes Assessment
2025 $3,541 $301,600

Financial Details

Annual Property Tax
$3,541
Tax Year 2025
Assessed Value
$301,600

Listing Information

Listing Agent Jim Black Group
Listing Office Real Broker MA, LLC
Agent MLS ID TM305063
Office MLS ID AN8443

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