aisellshomes.space

$300,000

Active

27 Elm Street

Spencer, MA, 01562

Multi-Family · MLS #73564642

Price/sqft

$181

Days on market

8 days

Year built

1910

Lot size

0.07 ac

1,658 sq ft

Sq Ft

0.07 acres

Lot

1910

Year Built

Taxes: $3,111 (2026)

About this home

Property showings are available Mondays, Wednesdays, and Saturdays only. Please refer to the Special Showing Instructions for details on how to schedule an appointment.Don't miss this exceptional 2-family investment opportunity, offering two spacious, move-in-ready units with income potential and room for future growth. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this property offers flexibility, efficiency, and long-term value.The first-floor unit features 3 bedrooms, 1 bathroom, a porch, and washer and dryer hookups. The second-floor unit offers 2 bedrooms, 1 bathroom, an enclosed porch, and access to the attic. The attic includes electricity and a bonus space, offering exciting potential to be finished into additional usable space, subject to buyer due diligence and any required approvals. All appliances pictured are included with the sale. Major improvements have already been completed, including conversion from oil to natural gas with a high-efficiency gas boiler, Mass Save insulation completed approximately four years ago, and an upgrade to 200-amp electrical service with updated wiring throughout the home. According to the seller, these efficiency upgrades have helped keep energy costs low. Five front-facing windows were also replaced last year. Additional highlights include a dedicated driveway with off-street parking and a convenient location near CVS, restaurants, local shops, and everyday essentials. With significant system upgrades already completed, both units ready for occupancy, and additional upside potential, this multi-family is a compelling opportunity for investors and owner-occupants alike.

Location

27 Elm Street, Spencer, MA, 01562

Property details

Road type
Public
Basement
Unfinished Basement
Electric
200 Amps, Individually Metered

Listed by Cassandra Sierra · Charlesgate Realty Group, llc

Schedule a showing

27 Elm Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$1,927 / month

Down payment20% · $60,000
Interest rate6.66%

Loan term

Principal & interest
$1,542
Property tax
$259
Home insurance
$125

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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