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50 Pleasant St, Spencer MA 01562

Spencer, MA 01562
$589,000
Est. $3,135/month
6
Beds
3
Baths
3,067
Sq Ft
$192
Price/Sq Ft
0.44
Acres
1860
Year Built
3 Family
Type
47
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73410684

About this home

Fully occupied and turnkey 3-unit multifamily in Spencer, MA with potential for a 4th unit (buyer to verify). This renovated property features two 1-bedroom, 1-bath units and one large 4-bedroom, 1-bath unit—ideal for strong rental income. All units have been updated with modern finishes, including new kitchens, baths, flooring, and paint. Tenants enjoy a fully fenced-in yard, providing privacy and outdoor space. Off-street parking available. Each unit has separate utilities, minimizing landlord expenses and maximizing cash flow. Located near downtown Spencer, schools, shopping, and major commuter routes. Excellent opportunity for investors or owner-occupants seeking additional income. Solid rental history with long-term tenants in place. Clean, well-maintained, and generating income from day one. Explore the possibility of adding a 4th unit to increase value and returns. Don’t miss this rare, income-producing property in a growing Central MA market.

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1860
Bedrooms
6
Full Bathrooms
3
Living Area
3,067 sq ft
Total Rooms
18
Stories
5
Levels
5

Interior Features

Flooring
Vinyl, Carpet, Vinyl / VCT
Heating
Ductless, Electric, Oil
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Ceiling Fan(s), Storage, High Speed Internet, Upgraded Cabinets, Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Upgraded Countertops, Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Kitchen, Laundry Room, Living RM/Dining RM Combo, Living Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Walk-Out Access, Concrete, Unfinished
Window Features
Insulated Windows, Screens

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter, Stone
Exterior Features
Rain Gutters, Varies per Unit
Patio/Porch Features
Deck, Deck - Wood
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.44 acres
Lot Size
19,210 sq ft
Lot Size Area
0.4400
Lot Features
Wooded, Cleared, Gentle Sloping
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
14
Parking Features
Paved Drive, Off Street, Tandem, Common, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Varies per Unit
Energy Efficient Features
Thermostat, Varies per Unit

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Conservation Area, House of Worship, Public School, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,644
Tax Year
2025
Tax Assessed Value
$395,600
Parcel Number
M:00U20 B:00059 L:00000,1693626
Zoning
VR
Financial Data Source
Estimated

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Unit 2 landlord pays for oil heat only(electric heat is on the tenants), also this unit has a lead certification, and Hybrid electric water heater installed in 2024. Unit one will be delivered vacant
Exclusions
Tenants Belongings (Washers And Dryers Belong To Tenants)
Listing Terms
Contract

Location

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Neighborhood

50 Pleasant St, Spencer MA 01562

Spencer, MA 01562

Walkability

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Schools

Elementary School
Wire Village
Rating information coming soon
Middle School
Knox Trail
Rating information coming soon
High School
David Prouty
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $387
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

⏳
Pending Sale
Sep 1, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Jul 29, 2025
$589,000
Original listing
Office: ERA Key Realty Services- Auburn

Price & Status History

Date Event Price Change
Jul 29, 2025 New Listing Added $589,000 —

Market Statistics

Days on Market
47 days
Price per Sq Ft
$192

Tax History

Year Taxes Assessment
2025 $4,644 $395,600

Financial Details

Annual Property Tax
$4,644
Tax Year 2025
Assessed Value
$395,600

Listing Information

Listing Agent Joshua Hoffsommer
Listing Office ERA Key Realty Services- Auburn
Agent MLS ID CN219982
Office MLS ID K01222

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