106 Main St Spencer, MA ^$ 1,100,000

106 Main St

^$ 1,100,000

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Recently Listed

106 Main St

Spencer, MA, 01562

^$ 1,100,000

Bedrooms14 Baths13.0 Sq 17,554

Monthly Estimate*

^$ 6,773

106 Main St, Spencer, MA 01562 - Image 1

106 Main St, Spencer, MA 01562 - Image 2

106 Main St, Spencer, MA 01562 - Image 3

106 Main St, Spencer, MA 01562 - Image 4

Multi-Family Home for sale in Spencer, MA

for $1,100,000 with 14 bedrooms and 13 full baths. This 17,554 square foot home was built in 1900 on a lot size of 0.38.

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.

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,429

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.38

Year Built

1900

Town/City

Spencer

County/Region

Worcester

MLS | Web ID

73492808

List By

James Glickman

Listing Agent

Nai Glickman Kovago & Jacobs

Broker

Affordability Calculator

$7,309

Per Month

Monthly Principal & Interest: $6,773
Monthly Property Taxes: $536
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Spencer, MA

Average List Price ^$619,900

Percent of Sale Price 44%

About Spencer, MA

11,991 Population

3% Since 2002

^$65,972 Median Income

43.77 Median Age

21% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
3/27/2026	$1,100,000		Listed Price

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106 Main St, Spencer, MA, 01562 is a Multi-Family Home for sale at $1,100,000 with 17,554 sqft and a lot size of 0.38. 106 Main St has 14 bedrooms, 13.0 baths, and was built in 1900. The property's zip code is 01562 which is in Spencer, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 3/31/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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106 Main St

Multi-Family Home for sale in Spencer, MA

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