Property photo 1
Property photo 2
14 Beds
13 Baths
17,554 sqft

$1,100,000

106 Main St, Spencer MA, 01562

Price per sqft$62.66
Built in1900
Property size17,554 sqft
Property typeMulti-family

Overview

Pending

Under Agreement

Listed Mar 27, 2026

Updated 4 days ago

Presenting a 17-unit mixed-use property located on Route 9 in downtown Spencer, Massachusetts, comprising 13 residential units and 4 commercial units. The property currently operates with strong occupancy — 10 of 13 residential units and 3 of 4 commercial units are tenant-occupied, generating rental income that supports the asking price at current rates. All leases are structured on a month-to-month basis, offering a prospective investor maximum flexibility to implement a value-add strategy through unit improvements, rent adjustments, and lease restructuring without the constraints of long-term tenant agreements. Situated along Spencer's primary commercial corridor with steady local foot traffic and convenient access to the greater Worcester area, this property presents a compelling opportunity for an investor seeking immediate cash flow with significant upside potential. Do not contact the residences or the business on property.

$7,318/mo

Est. mortgage payment based on a $1,100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73492808

Interior Features

Bedrooms
14
Bathrooms
13
Basement
No

Exterior Features

Lot Size
0.38 Acres

Other Property Details

Taxes
$6,429
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by James Glickman with NAI Glickman Kovago & Jacobs

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Data last updated 4:41 AM UTC, 11/5/2026

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