1. Massachusetts
  2. Spencer
  3. 0 Townhouse Court
$4,100,000

0 Townhouse Court, Spencer, MA 01562

  • 36 beds |
  • 18 baths |
  • 14,760 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $278/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
May 2, 2025 at 05:00AM
Listing Office:
Matthews Real Estate Investment Services, Inc. : 866-889-0550
Listing Agent:
Nicholaus Jasinski : 617-448-1677
MLS ID:
73368911
  • Flooring: Wood
  • Fireplace: Fireplaces: 0

This listing courtesy of Nicholaus Jasinski, Matthews Real Estate Investment Services, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Knox Trail Middle School

73 Ash St, Spencer, MA, 01562

Grades 5-8

0.65 miles away

K

Knox Trail Middle School

73 Ash St, Spencer, MA, 01562

Grades 5-8

0.65 miles away

D

David Prouty High School

302 Main St, Spencer, MA, 01562

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.