Sold
0 Town House Ct, Spencer, MA
Spencer · MA 01562
- $4,025,000
- Price
- 36
- Beds
- 18
- Baths
- 14760
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1970
Units:
18 Units
Lot size:
1 Sq.Ft Lot
Price per square foot:
$278 / Sq.Ft
Parking:
30 Off Street Spaces
About this home
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.
Neighborhood & Transit
0 Town House Ct, Spencer · MA 01562
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 513 days
- Listing Price:
- $4,100,000
- Price per Sq.Ft:
- $278
- Tax Assessment:
- $1,252,400 in 2024
- Taxes:
- $1,194 / Monthly
Home Facts
Interior Features
- Bedrooms
- 36
- Full Bathrooms
- 18
- Half Bathrooms
- 0
- Living Area
- 14,760 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 14760
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 1 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 30 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Clapboard
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Nicholaus Jasinski
- Listing office
- Matthews Real Estate Investment Services, Inc.
- MLS PIN #
- 73368911