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230 Main St., Spencer MA 01562

Spencer, MA 01562
$380,000
$370,000
Est. $2,314/month
4
Beds
2
Baths
1,731
Sq Ft
$214
Price/Sq Ft
0.22
Acres
1920
Year Built
4
Parking
81
Days on Market
Active Price Drop -$10,000 Listed Apr 20, 2026 • MLS# 73504098 Copied! • Updated Jun 30, 2026

About this home

Well-maintained two-family home offering two spacious 2-bedroom, 1-bath units, each featuring updated kitchens with stainless steel appliances and in unit washer dryers. The property underwent a full gut renovation approximately 7.5 years ago, including all-new electrical, plumbing, windows, kitchens, bathrooms, select flooring, and appliances. Recent improvements include a new oil tank (2025). Additional highlights include a private yard, full walkout basement, and a carriage house. Each unit has its own driveway. Located on a bus route and close to shopping, dining, and everyday conveniences, the property also has a strong rental history. Just a short walk to Luther Hill Park, offering beach access, swimming, and nearby dining options.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.6%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Jun 30, 2026
New showing requirements
👁️
Showing Instructions Updated
Jun 17, 2026
New showing requirements
👁️
Showing Instructions Updated
Jun 15, 2026
New showing requirements
👁️
Showing Instructions Updated
Jun 9, 2026
New showing requirements
Price Reduced
Jun 9, 2026
$370,000 $10,000 (-2.63%)
From $380,000 to $370,000 (-2.6%)
👁️
Showing Instructions Updated
May 27, 2026
New showing requirements
👁️
Showing Instructions Updated
Apr 22, 2026
New showing requirements
👁️
Showing Instructions Updated
Apr 22, 2026
New showing requirements
👁️
Showing Instructions Updated
Apr 22, 2026
New showing requirements
🏠
Listed for Sale
Apr 20, 2026
$380,000
Original listing
Agent: Steven Bracero Office: Vanderbilt Properties, LLC

Tax History

Year Taxes Assessment
2025 $2,919 $248,600

Financial Details

Annual Property Tax
$2,919
Tax Year 2025
Assessed Value
$248,600

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1920
Living Area 1,731 sq ft
Lot Size 0.22 acres
Bedrooms 4
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent $1,900/mo · N
Unit 2 Rent $1,900/mo · N
Total Monthly Rent $3,800/mo
Gross Income $45,600
Net Operating Income $45,600
Cap Rate 12.32%
Heating None
Cooling None
Flooring Wood, Tile, Varies
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Partially Finished
Laundry None
Features Ceiling Fan(s), Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Shower Stall, Living Room, Kitchen, Laundry Room
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Paved
Total Spaces 4
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,919
Assessed Value $248,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Chipping Paint On Rear (may Not Qualify For All Loans). Carriage House Sold As-is. Shared Heating. Both Units Are 2 Bed, 1 Bath, $1, 900, Taw. Both On Time W Rent Have & Written Taw Agreements.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 71 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1920
Bedrooms
4
Full Bathrooms
2
Living Area
1,731 sq ft
Total Rooms
10
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Varies
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom with Shower Stall, Living Room, Kitchen, Laundry Room
Windows:
Basement: Full, Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street, Paved

Nearby Schools

School information not available for this location.

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 $243
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

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

230 Main St., Spencer MA 01562

Spencer, MA 01562

Listing Information

Listing Agent Steven Bracero
Listing Office Vanderbilt Properties, LLC
Office Phone 508-366-6848
Agent MLS ID CN223736
Office MLS ID AN7775
Listing Data Updated Jun 30, 2026 11:43 AM 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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