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.
17,554 Sq Ft
0.38 Privé-hectaren Partijgrootte
investering
US$ 6.429 Jaarlijkse belasting
Ingebouwd 1900
MLS/Listing ID 73492808
3 Verhalen
17 Eenheden
Betonnen omheining
Lot - Corner Lot
TOTALE MAANDELIJKSE KOSTEN
US$ 0
US$ 0
US$ 0