$1,300,000

79-83.5 Maple Street, Spencer, MA 01562

  • 6 beds |
  • 6 baths |
  • 3,624 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon0.66acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $359/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Maple Street Apartments offers investors a rare opportunity to acquire a small, value-add multifamily portfolio in the heart of Spencer, Massachusetts. The property consists of (3) adjacent two-unit buildings, totaling 6 residences with direct-entry layouts that resemble single-family homes—ideal for long-term renters or owner-occupied investors seeking privacy and space. Maple Street Apartments has seen recent exterior and landscaping improvements, while interior renovations in select units have proven rent growth potential, all completed in 2025. Located just a half mile from Route 9, the property provides excellent connectivity to Route 90 (Mass Pike), Downtown Worcester, and Worcester Regional Airport—all within 30 minutes. With under-market rents, full utility separation other than water and sewer, and a desirable residential feel, Maple Street Apartments stands out as a compelling investment in a supply-constrained Central Massachusetts market.

Listing Status:
Active
Date Added:
April 30, 2025 at 05:00AM
Listing Office:
Matthews Real Estate Investment Services, Inc. : 866-889-0550
Listing Agent:
Nicholaus Jasinski : 617-448-1677
MLS ID:
73366799
  • Flooring: Vinyl
  • 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

0.39 miles away

K

Knox Trail Middle School

73 Ash St, Spencer, MA, 01562

Grades 5-8

0.39 miles away

D

David Prouty High School

302 Main St, Spencer, MA, 01562

Grades 9-12

1.10 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.