0 Townhouse Ct

spencer, MA 01562

$4,100,000

  • 36 BR
    18 BA
    APPROX. 14,760 SF

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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.

Details

14,760 Sq Ft

Investment

$14,327 Annual Tax

Built in 1970

MLS/Listing ID 73368911

4 Stories

18 Units

Amenities & Features

Shingle

Parking - Off Street

Concrete Perimeter

Natural Wood

Construction - Frame

Listing Courtesy of MATTHEWS REAL ESTATE INVESTMENT SERVICES, INC., NICHOLAUS JASINSKI - 617-448-1677

MLSPIN

Source of Data: MLS PROPERTY INFORMATION NETWORK

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