106 Main St, Spencer, MA

$1,100,000

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14

Beds

13

Baths

17,554

Square feet

0.38

Acres

About 106 Main St

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.

Pricing and availability subject to change.

Features of 106 Main St

MLS® # 73492808
Price $1,100,000
Bedrooms 14
Bathrooms 13
Full Baths 13
Square Footage 17,554
Acres 0.38
Year Built 1900
Type Residential Income
Sub-Type 5+ Family - 5+ Units Up/Down
Status Pending

Community Information

Address 106 Main St
City Spencer
County Worcester
State MA
Zip Code 01562

Amenities

Parking Spaces 14
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Stories 3
Has Basement No

Exterior

Lot Description Corner Lot
Foundation Concrete Perimeter

Additional Information

Zoning C

Listing Map

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