Active
4 Days on market
1 High St Spencer — Photo 1 of 35
$830,000
1 High St, Spencer, MA 01562
Spencer, MA 01562
Beds
10
Baths
5
SqFt
5,638
Style
5+ Family - 5+ Units Up/Down
Built
1860
Fantastic multi-unit property in downtown Spencer! Owner pays water and sewer, tenants pay all other utilities. 5 units across 2 buildings with newer high efficiency combi steam boilers in most units, all apartments have own laundry facilities, and some units have newer mini-splits for air conditioning. Near to downtown amenities. Property grosses $86,400 per year with long term tenants and room to grow! Seller does not live in property, buyers/buyers agent to do all due diligence.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$147/sqft
Local Avg (Spencer)$270/sqft
46% BelowMarket Average
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Spencer, MA.
Property Details
Financials
Original Price$830,000
Annual Taxes$6,973
Parking
Garage0
Off-Street10
Interior Specifications
Total Rooms23
FireplacesNone
Flooring--
BasementNone
Climate & Utilities
Heating--
Cooling--
WaterPublic
SewerPublic Sewer
Building & Exterior
Construction--
Roof--
FoundationStone
ZoningVR
Property & Lot
Acres0.41
SqFt Lot17,684
Lot FeaturesCorner Lot
Geography
Population
12,008
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$81K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
37.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Provided By
Listing Agent: Jeffrey Brodeur
Listing Office: KW Pinnacle Central
MLS® Number: 73564219
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