Cash-flowing, fully occupied 11-unit investment opportunities like this rarely hit the market in Spencer! 9-11 Maple St offers strong in-place income with additional upside potential, making it an attractive addition to any investment portfolio. This multi-family package features two buildings with a desirable mix of ten 1-bedroom units and one 2-bedroom unit, providing broad tenant appeal and consistent rental demand. Tenants enjoy ample off-street parking and shared on-site laundry, while investors will appreciate the steady cash flow, strong occupancy, and opportunity for future rent growth. The property’s central location helps support long-term tenant retention with convenient access to local shops, restaurants, and everyday amenities. Whether you're looking to expand your portfolio, add a high-performing asset to your holdings, or capitalize on future value-add potential, this rare Spencer multi-family presents an outstanding opportunity. Don't miss out on this rare opportunity!
This home has been viewed 8 times
Last Checked: May 19th, 2026 at 8:23pm (Source: MLS PIN #73521092)
Gross Income: $48,600
Gross Expenses: $26,939
Net Income Calc: $21,661
Water Views
Annual Expenses for 9-11 Maple St, Spencer MA 01562
Total Gross Expenses (Calculated)$26,939/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8939
Annual Income & Unit Breakdown for 9-11 Maple St, Spencer MA 01562
Total Gross Income (Calculated)$48,600
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 9-11 Maple St, Spencer MA 01562
Listing ID73521092
Property TypeMulti Family / 5+ Family
Price1500000 ($177.89/SqFt)
Style5-9 Family
CitySpencer
CountyWorcester
Neighborhood(s)
Approximate Living Area Total8432
Approximate Lot Size (Acres)0.76
Total Parking11
Garage Parking0
Year Built1893
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRES
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 9-11 Maple St, Spencer MA 01562
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsNone.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 9-11 Maple St, Spencer MA 01562
Real Estate Taxes8939
Tax Year2025
Assessed Value$761,400
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 9-11 Maple St, Spencer MA 01562
Elementary SchoolKnox Trail
Middle SchoolKnox Trail
High SchoolDavid Prouty Hs
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 9-11 Maple St, Spencer MA 01562