79-83.5 Maple Street, Spencer MA 01562

Spencer, MA 01562
$1,295,000
Est. $7,433/month
6
Beds
6
Baths
3,624
Sq Ft
$357
Price/Sq Ft
0.66
Acres
1978
Year Built
221
Days on Market
Active Price Drop -$55,000 Listed Apr 30, 2025 • MLS# 73366799 Copied!

About this home

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.

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1978
Bedrooms
6
Full Bathrooms
6
Living Area
3,624 sq ft
Total Rooms
18
Stories
2
Levels
2

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1978
Living Area 3,624 sq ft
Lot Size 0.66 acres
Bedrooms 6
Full Baths 6
Total Rooms 18

Interior

Heating None
Cooling None
Flooring Vinyl
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 12

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,222
Assessed Value $99

Interior Features

Flooring: Vinyl
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1978
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 12
Parking Features: Off Street

Location

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Neighborhood

79-83.5 Maple Street, Spencer MA 01562

Spencer, MA 01562

Walkability

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Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $685
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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+0.5% Rate
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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.

Property History

Property Timeline

🏠
Listed for Sale
Apr 30, 2025
$1,295,000
Original listing

Price & Status History

Date Event Price Change
Apr 30, 2025 New Listing Added $1,295,000

Market Statistics

Days on Market
221 days
Price per Sq Ft
$357
Total Price Drop
-$55,000

Tax History

Year Taxes Assessment
2024 $8,222 $99

Financial Details

Annual Property Tax
$8,222
Tax Year 2024
Assessed Value
$99

Listing Information

Listing Agent Nicholaus Jasinski
Listing Office Matthews Real Estate Investment Services, Inc.
Agent MLS ID CN239396
Office MLS ID AN8975
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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79-83.5 Maple Street, Spencer MA 01562 - Photo 1 79-83.5 Maple Street, Spencer MA 01562 - Photo 2 79-83.5 Maple Street, Spencer MA 01562 - Photo 3 79-83.5 Maple Street, Spencer MA 01562 - Photo 4 79-83.5 Maple Street, Spencer MA 01562 - Photo 5 79-83.5 Maple Street, Spencer MA 01562 - Photo 6 79-83.5 Maple Street, Spencer MA 01562 - Photo 7 79-83.5 Maple Street, Spencer MA 01562 - Photo 8 79-83.5 Maple Street, Spencer MA 01562 - Photo 9 79-83.5 Maple Street, Spencer MA 01562 - Photo 10 79-83.5 Maple Street, Spencer MA 01562 - Photo 11 79-83.5 Maple Street, Spencer MA 01562 - Photo 12 79-83.5 Maple Street, Spencer MA 01562 - Photo 13 79-83.5 Maple Street, Spencer MA 01562 - Photo 14 79-83.5 Maple Street, Spencer MA 01562 - Photo 15

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