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8 Main St, Spencer, MA 01562

$511,000
Last sold 05/04/2024 for $500K
5
bed
3
bath
2,204
Sqft ($227/Sqft)

Multi-family not for sale

Movoto is helping 12 homebuyers near you

About 8 Main St

Property type Multi-family

Year built 1887

HOA fee $0/month

Lot size 0.26 Acre

Movoto estimate

Parking 2 garage spaces

Property description

***Highest & Best offers by Saturday at 6:00 p.m.*** Plan now for your retirement with this solid investment! First time on the market! Well maintained & fully rented 3 family on Main Street that has a BIG BONUS, detached Barn! Barn/garage was built in 1980 and has 3 levels & 768 s.f. of space including an office. Perfect for contractors ! Currently used as storage for the current owners. Longtime tenants at will pay their own utilities. Each unit has washer & dryer hookups. Enclosed porches & decks plus a nice sized yard for outdoor enjoyment! Tenants will appreciate the depot walking trail a minute away & Powdermill Park(playground & outdoor concerts in the summer) is also within walking distance. Walk to shopping,restaurants, bus line,parks & walking trails in less than 5 minutes. MA pike entrance is less than 15 minutes. This is an investment that will pay off in the future and has unlimited potential & a rare opportunity for all that it offers!

Listed by

Listing Agent - Donna Flannery

Listing Office - Era Key Realty Services- Spenc

Source: MLS Property Information Network, Inc.

MLS#73230832 • last updated 2 years ago

Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago

Overview
Heating	Natural Gas
Levels/Style	6
MLS #	73230832
Type	Residential Income
Status	Closed
SubType	3 Family
SqFt	2204
Lot Size (SqFt)	11542
Lot Size (Acres)	0.26
Annual Property Tax	3313
Year Built	1887

Interior
Total # of Bathrooms	3
# Full Baths	3
Total # of Bedrooms	5
Basement	Partial, Walk-Out Access, Interior Entry
Total # of Rooms	12
Laundry	Electric Dryer Hookup, Washer Hookup
Flooring	Varies
Appliances	Range, Refrigerator
Interior Features	Living Room, Kitchen
Window Features	Screens

Exterior
Foundation	Stone
Roof	Shingle
Construction	Frame
# Covered Spaces	2
Parking Desc	Paved Drive, Off Street
# Parking Spaces	4
# Garage Spaces	2
Exterior Features	Varies Per Unit
Patio/ Porch	Porch, Deck
Lot Desc	Cleared
Other Structures	Barn/Stable

Amenities / Utilities
Sewer	Public Sewer
Utilities	For Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Electricity	Circuit Breakers, Individually Metered
Water Source	Public

Location
Waterfront	Beach Front, Lake/Pond, 1/2 To 1 Mile To Beach, Beach Ownership(Public)
County	Worcester
Community Features	Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Public School, Sidewalks
Zoning	VR
APN	M:00U08 B:00114 L:00000, 1692898
Directions	On Main Street Just After Water Street

Multifamily Details
Rent Includes	Unit 1(Water), Unit 2(Water)
Net Operating Income	28130
Operating Expense	9790
Total Actual Rent	3160
Expense: Water/ Sewer	3700
Gross Income	37920
Expense: Electricity	240