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27 Elm Street, Spencer MA 01562

$300,000

Estimated $746/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $150,000

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

1658

Total Parking: 5

3,234 (0.07)

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.

This home has been viewed 6 times

Last Checked: September 17th, 2026 at 4:29am (Source: MLS PIN #73564642)

Gross Income: $0

Gross Expenses: $3,111

Net Income Calc: $3,111

Annual Expenses for 27 Elm Street, Spencer MA 01562

Total Gross Expenses (Calculated)$3,111/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3111

Annual Income & Unit Breakdown for 27 Elm Street, Spencer MA 01562

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 27 Elm Street, Spencer MA 01562

Listing ID73564642

Property TypeMulti Family / 2 Family

Price300000 ($180.94/SqFt)

Style2 Family - 2 Units Up/down

CitySpencer

CountyWorcester

Neighborhood(s)

Approximate Living Area Total1658

Approximate Lot Size (Acres)0.07

Total Parking5

Garage Parking0

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningTC

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 27 Elm Street, Spencer MA 01562

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

Financial Data Source

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 27 Elm Street, Spencer MA 01562

Real Estate Taxes3111

Tax Year2026

Assessed Value$283,300

Financial Data Source

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 27 Elm Street, Spencer MA 01562

Neighborhood(s)

Area Amenities

Contact Information for 27 Elm Street, Spencer MA 01562

Agent

Name: Cassandra Sierra

Office

Name: Charlesgate Realty Group, llc

Phone: 617-587-0100

Payment Calculator

, Interest

Property Taxes 259.25

Principal & Interest 1848.5

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Charlesgate Realty Group, llc

Cassandra Sierra

Agent Phone

Office Phone

(617) 587-0100

Text Agent Call Agent Call Office

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EXIT

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