47 Main St, Spencer MA 01562
Spencer, MA 01562
$450,000
Est. $2,843/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
Open House Schedule
14
Nov
Saturday, November 14
2:00 PM - 3:00 PM EST
About this home
Investment Opportunity in Spencer, MA! This income-producing two-family property offers an excellent opportunity for investors looking to expand their real estate portfolio. Both units are currently occupied, generating a combined $3,200 in monthly gross rental income, with month-to-month tenancies. Conveniently located near local shops, everyday amenities, and major commuter routes, the property also offers ample off-street parking. A great opportunity to add an income-producing property to your portfolio. Schedule your showing today!
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Recently Sold Nearby
Price & Status History
Property Timeline
Listed for Sale
Nov 12, 2026
$450,000
Original listing
Agent: Ariana Simancas
Office: Byrnes Real Estate Group LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/12/2026 | 🏠 Listed for Sale | $450,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,406 | $401,300 |
Financial Details
Annual Property Tax
$4,406
Tax Year 2026
Assessed Value
$401,300
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1860
Living Area
2,210 sq ft
Lot Size
0.36 acres
Stories
2
Bedrooms
6
Full Baths
2
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
$1,600/mo · N
Unit 2 Rent
$1,600/mo · N
Total Monthly Rent
$3,200/mo
Gross Income
$38,400
Net Operating Income
$38,400
Cap Rate
8.53%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Interior Entry, Bulkhead, Dirt Floor
Laundry
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch, Patio
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
8
Utilities
Electric
100 Amp Service, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$4,406
Assessed Value
$401,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Sold As Is.
Additional Details
Possession
None
Accepted Financing
Contract
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
1860
Bedrooms
6
Full Bathrooms
2
Living Area
2,210 sq ft
Total Rooms
12
Stories
2
Levels
2
Floor Layout
Interior Features
Flooring:
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Interior Entry, Bulkhead, Dirt Floor
Laundry:
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1860
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
2
Utilities & Systems
Heating:
Cooling:
Hot Water:
Oil, Electric, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Patio
Fencing:
Fenced
Other Structures:
Shed(s)
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Spencer-East Brookfield School District local
F
Elementary Schools
3 schools
C-
Wire Village School
1.8 mi
|
#668 of 825
|
Score: 37.5
Improved 5 spots from last year
-20.7 below state avg
461 students
Diverse
Grades K-04
C-
East Brookfield Elementary School
2.0 mi
|
#725 of 825
|
Score: 33.9
Dropped 262 spots from last year
-24.3 below state avg
254 students
Moderate
Strong Attendance
Grades PK-06
Mad Brook Academy
3.5 mi
Grades PK
Middle Schools
2 schools
D
Knox Trail Middle School
0.9 mi
|
#327 of 352
|
Score: 28.7
Dropped 50 spots from last year
-29.5 below state avg
407 students
Diverse
Grades 05-08
C+
Leicester Middle School
4.9 mi
|
#226 of 352
|
Score: 38.6
Improved 5 spots from last year
-19.6 below state avg
401 students
Diverse
Grades 05-08
High Schools
3 schools
C
David Prouty High School
1.2 mi
|
#253 of 346
|
Score: 47.0
Dropped 8 spots from last year
-11.2 below state avg
321 students
Moderate
13 sports
• 482 athletes
Strong AP Program
Career Tech Programs
College Ready Curriculum
Grades 09-12
C-
North Brookfield High School
4.7 mi
|
#295 of 346
|
Score: 40.7
Improved 8 spots from last year
-17.5 below state avg
161 students
Moderate
College Ready Curriculum
Grades 06-12
B
Leicester High School
4.9 mi
|
#163 of 346
|
Score: 54.7
Dropped 3 spots from last year
-3.5 below state avg
409 students
Diverse
14 sports
• 674 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
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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
$367
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
$0/mo
Cost $0/mo
Payment Over Time
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
47 Main St, Spencer MA 01562
Spencer, MA 01562
Listing Information
Listing Agent
Ariana Simancas
Listing Office
Byrnes Real Estate Group LLC
Office Phone
833-429-7637
Agent MLS ID
CN247009
Office MLS ID
AN7224
Listing Data Updated
Nov 12, 2026 4:09 PM EST
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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