Homes for sale - 0 Townhouse Court, Spencer, MA 01562

Barrie Wheeler

REALTOR® | Lic# 9018619

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$ 4,025,000

$ 4,100,000 1.8%

Est. payment | -/mo

36 Beds

18 Baths

14,760 SqFt

$ 4,025,000

$ 4,100,000 1.8%

Est. payment | -/mo

36 Beds

18 Baths

14,760 SqFt

Key Details

Sold Price $4,025,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 14,760 sqft

Price per Sqft $272

MLS Listing ID 73368911

Sold Date 12/03/25

Bedrooms 36

Full Baths 18

Year Built 1970

Annual Tax Amount $14,327

Tax Year 2024

Property Sub-Type 5+ Family - 5+ Units Side by Side

Property Description

Townhouse Court Apartments presents investors with a compelling opportunity to acquire a well-located, value-add multifamily asset in Spencer, Massachusetts. Comprising (2) adjacent 9-unit buildings totaling 18 townhouse-style residences, the property offers immediate upside through interior upgrades and rent repositioning. All units feature desirable two-bedroom layouts with direct access, individual utility metering, and a surface parking lot. Townhouse Court has benefitted from recent exterior and landscaping upgrades, while select unit renovations have demonstrated strong rental premiums. Located just off Route 9 and less than 30 minutes to Downtown Worcester and the Mass Pike (Route 90), the property is ideally situated for commuter access, regional employment, and long-term tenant retention. With strong fundamentals, below-market rents, and clear value enhancement potential, Townhouse Court Apartments is positioned to deliver outsized returns in a tight Central MA market.

Location

State MA

County Worcester

Zoning SR

Direction N Main, East Greenville St

Interior

Flooring Wood

Exterior

Roof Type Shingle

Total Parking Spaces 30

Garage No

Building

Lot Description Other

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Matthews Real Estate Investment Services, Inc.
Bought with Nicholaus Jasinski • Matthews Real Estate Investment Services, Inc.

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Barrie Wheeler

REALTOR® | Lic# 9018619

barrie@barriewheeler.com

+1(617) 549-6565

826 Boylston Street Chestnut Hill Massachussetts, 02467

0 Townhouse Court Spencer, MA 01562

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Key Details

Location

Interior

Exterior

Building

Others

0 Townhouse Court