27 Elm Street Spencer, MA $ 300,000
27 Elm Street
$ 300,000
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27 Elm Street

Spencer, MA, 01562
$ 300,000
Bedrooms5 Baths2.0 Sq 1,658

Monthly Estimate*

$ 1,894

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Multi-Family Home for sale in Spencer, MA

for $300,000 with 5 bedrooms and 2 full baths. This 1,658 square foot home was built in 1910 on a lot size of 0.07.

Property showings are available Mondays, Wednesdays, and Saturdays only. Please refer to the Special Showing Instructions for details on how to schedule an appointment.Don't miss this exceptional 2-family investment opportunity, offering two spacious, move-in-ready units with income potential and room for future growth. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this property offers flexibility, efficiency, and long-term value.The first-floor unit features 3 bedrooms, 1 bathroom, a porch, and washer and dryer hookups. The second-floor unit offers 2 bedrooms, 1 bathroom, an enclosed porch, and access to the attic. The attic includes electricity and a bonus space, offering exciting potential to be finished into additional usable space, subject to buyer due diligence and any required approvals. All appliances pictured are included with the sale. Major improvements have already been completed, including conversion from oil to natural gas with a high-efficiency gas boiler, Mass Save insulation completed approximately four years ago, and an upgrade to 200-amp electrical service with updated wiring throughout the home. According to the seller, these efficiency upgrades have helped keep energy costs low. Five front-facing windows were also replaced last year. Additional highlights include a dedicated driveway with off-street parking and a convenient location near CVS, restaurants, local shops, and everyday essentials. With significant system upgrades already completed, both units ready for occupancy, and additional upside potential, this multi-family is a compelling opportunity for investors and owner-occupants alike.

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Multi-Family Active

Price

$ 300,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,111

Style

2 Family - 2 Units Up/Down

Lot Size

0.07

Year Built

1910

Town/City

Spencer

County/Region

Worcester

MLS | Web ID

73564642

List By
Cassandra Sierra

Listing Agent

Charlesgate Realty Group, Llc

Broker

Affordability Calculator

$2,153
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$259
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Pricing History
DatePricePrice ChangeDescription
8/17/2026$300,000 Listed Price

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27 Elm Street, Spencer, MA, 01562 is a Multi-Family Home for sale at $300,000 with 1,658 sqft and a lot size of 0.07. 27 Elm Street has 5 bedrooms, 2.0 baths, and was built in 1910. The property's zip code is 01562 which is in Spencer, MA