Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Expired

50 Pleasant St, Spencer MA 01562

$589,000

Estimated $1,279/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $196,333.33

Total Rent: 61200/year

Estimated CAP Rate:

6 Bedrooms

Baths

2944

Total Parking: 12

19,210 (0.44)

Welcome to 50 Pleasant St This property offers an excellent opportunity for investors and homeowners alike.The property sits on maintained lot with ample off-street parking. Each unit features well-designed and optimized layouts with updated kitchens and large windows. The 3rd unit features 4 bedrooms fully renovated, new kitchen with granite counter tops and new appliances. The 2nd unit showcases also fully renovated one bedroom, vinyl floors, and an abundance of charm. Finally the 1st unit is located on the 1st floor and provides one bedroom an open living area. This multifamily property's location is convenient to the town center, local shops, and the highway, making it a great option for commuters. With a strong rental history this property offers an excellent opportunity for investors or aspiring homeowners looking to live in one unit and rent out the others. Don't miss an opportunity to own a well-maintained updated multifamily property on a lovely street in the Spencer community

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 6:41am (Source: MLS PIN #73107447)

Gross Income: $61,200

Gross Expenses: $8,610

Net Income Calc: $52,590

Water Views

Annual Expenses for 50 Pleasant St, Spencer MA 01562

Total Gross Expenses (Calculated)$8,610/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3888

Annual Income & Unit Breakdown for 50 Pleasant St, Spencer MA 01562

Total Gross Income (Calculated)$61,200

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms4

Bathrooms4 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 50 Pleasant St, Spencer MA 01562

Listing ID73107447

Property TypeMulti Family / 3 Family

Price589000 ($200.07/SqFt)

Style3 Family

CitySpencer

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2944

Approximate Lot Size (Acres)0.44

Total Parking12

Garage Parking0

Year Built1860

Year Built SourcePublic Records

Year Built DetailsActual,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningVR

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 50 Pleasant St, Spencer MA 01562

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWine Refrigerator In Basement

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Compensation Based OnGross/full Sale Price

Financial Information for 50 Pleasant St, Spencer MA 01562

Real Estate Taxes3888

Tax Year2023

Assessed Value$322,400

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 50 Pleasant St, Spencer MA 01562

Elementary SchoolWire Village

Middle SchoolKnox Trail

High SchoolDavid Prouty

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 50 Pleasant St, Spencer MA 01562

Agent

Name: Joshua Hoffsommer

Office

Name: ERA Key Realty Services- Auburn

Phone: 508-832-5831

Payment Calculator

, Interest

Property Taxes 324

Principal & Interest 3629.23

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Key Realty Services- Auburn

Joshua Hoffsommer

Agent Phone

Office Phone

(508) 832-5831

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.44 acres (19,210 SqFt)
    [add_date] => 2024-05-07 06:41:02
    [address] => Pleasant St
    [agent] => Array
        (
            [address] => 182 South Pond Road
            [city] => East Brookfield
            [id] => CN219982
            [name] => Joshua Hoffsommer
            [national_association] => 453013446
            [office] => K01222
            [state] => MA
            [zip] => 01515
        )

[apod_available] => Array
        (
            [0] => Yes
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 2944
    [approx_lot_size_acres] => 0.44
    [approx_lot_size_sqft] => 19210
    [assessed_value] => $322,400
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2.5
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Spencer
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Gross/full Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
            [0] => 1
            [1] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Welcome to 50 Pleasant St This property offers an excellent opportunity for investors and homeowners alike.The property sits on maintained lot with ample off-street parking. Each unit features well-designed and optimized layouts with updated kitchens and large windows. The 3rd unit features 4 bedrooms fully renovated, new kitchen with granite counter tops and new appliances. The 2nd unit showcases also fully renovated one bedroom, vinyl floors, and an abundance of charm. Finally the 1st unit is located on the 1st floor and provides one bedroom an open living area. This multifamily property's location is convenient to the town center, local shops, and the highway, making it a great option for commuters. With a strong rental history this property offers an excellent opportunity for investors or aspiring homeowners looking to live in one unit and rent out the others. Don't miss an opportunity to own a well-maintained updated multifamily property on a lovely street in the Spencer community
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => Wire Village
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Wine Refrigerator In Basement
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 2.5
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
            [0] => Estimated
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => David Prouty
    [horse_features] => Array
        (
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 06:41:02
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => Knox Trail
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73107447
    [neighborhoods] => 
    [net_income_calc] => 52590
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => K01222
            [name] => ERA Key Realty Services- Auburn
            [phone] => 508-832-5831
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 589000
    [price_per_sqft] => 200.07
    [price_per_unit] => 196333.33333333
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 3 Family
        )

[real_estate_tax] => 3888
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 18
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Expired
        )

[street_number] => 50
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2023
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 8610
    [total_gross_income] => 61200
    [total_parking] => 12
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 1
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 1
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 2
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 4 Full
    [unit_3_bedrooms] => 4
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 2
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 50 Pleasant St, Spencer MA 01562
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

36 More Photos

Expired

50 Pleasant St, Spencer MA 01562

$589,000

Annual Expenses for 50 Pleasant St, Spencer MA 01562

Annual Income & Unit Breakdown for 50 Pleasant St, Spencer MA 01562

General Information for 50 Pleasant St, Spencer MA 01562

Disclosures for 50 Pleasant St, Spencer MA 01562

Financial Information for 50 Pleasant St, Spencer MA 01562

Location Information for 50 Pleasant St, Spencer MA 01562

Contact Information for 50 Pleasant St, Spencer MA 01562

Agent

Office

Payment Calculator

Exclusive Listing Agent

ERA Key Realty Services- Auburn

Joshua Hoffsommer