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50 Pleasant St, Spencer, MA

Spencer · MA 01562

$589,000
Price
6
Beds
3
Baths
3067
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1860
Units: 3 Units
Lot size: 0.44 Acre Lot
Price per square foot: $192 / Sq.Ft
Parking: 1 Garage Space · 14 Off Street Spaces

About this home

Fully occupied and turnkey 3-unit multifamily in Spencer, MA with potential for a 4th unit (buyer to verify). This renovated property features two 1-bedroom, 1-bath units and one large 4-bedroom, 1-bath unit?ideal for strong rental income. All units have been updated with modern finishes, including new kitchens, baths, flooring, and paint. Tenants enjoy a fully fenced-in yard, providing privacy and outdoor space. Off-street parking available. Each unit has separate utilities, minimizing landlord expenses and maximizing cash flow. Located near downtown Spencer, schools, shopping, and major commuter routes. Excellent opportunity for investors or owner-occupants seeking additional income. Solid rental history with long-term tenants in place. Clean, well-maintained, and generating income from day one. Explore the possibility of adding a 4th unit to increase value and returns. Don?t miss this rare, income-producing property in a growing Central MA market.

Neighborhood & Transit

50 Pleasant St, 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:
302 days
Listing Price:
$589,000
Price per Sq.Ft:
$192
Tax Assessment:
$395,600 in 2025
Taxes:
$387 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,067 Sq.Ft
Broker Disclosure about Living Area
Buyers and their agents to due their due diligence
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3067
Flooring
Unknown
Lead paint
Certified Treated, Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Varies per Unit

Exterior Features

Lot Size
19,210 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
14 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Joshua Hoffsommer
Listing office
ERA Key Realty Services- Auburn
MLS PIN #
73410684
Disclosure
Unit 2 landlord pays for oil heat only(electric heat is on the tenants), also this unit has a lead certification, and Hybrid electric water heater installed in 2024. Unit one will be delivered vacant
Disclosure
Buyers and their agents to due their due diligence