Maple Street Apartments offers investors a rare opportunity to acquire a small, value-add multifamily portfolio in the heart of Spencer, Massachusetts. The property consists of (3) adjacent two-unit buildings, totaling 6 residences with direct-entry layouts that resemble single-family homes—ideal for long-term renters or owner-occupied investors seeking privacy and space. Maple Street Apartments has seen recent exterior and landscaping improvements, while interior renovations in select units have proven rent growth potential, all completed in 2025. Located just a half mile from Route 9, the property provides excellent connectivity to Route 90 (Mass Pike), Downtown Worcester, and Worcester Regional Airport—all within 30 minutes. With under-market rents, full utility separation other than water and sewer, and a desirable residential feel, Maple Street Apartments stands out as a compelling investment in a supply-constrained Central Massachusetts market.
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| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/30/2025 | 🏠 Listed for Sale | $1,295,000 | - | - | Original listing |
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $8,222 | $99 |
79-83.5 Maple Street, Spencer MA 01562
Spencer, MA 01562
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