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Bean Group
Offered at $765,000Active
beds
10
baths
5
sq ft
5,638
Built
1860

1 High St

Spencer, MA 01562

About this home

Fantastic multi-unit property in downtown Spencer! Owner pays water and sewer, tenants pay all other utilities. 5 units across 2 buildings with newer high efficiency combi steam boilers in most units, all apartments have own laundry facilities, and some units have newer mini-splits for air conditioning. Near to downtown amenities. Property grosses $86,400 per year with long term tenants and room to grow! Seller does not live in property, buyers/buyers agent to do all due diligence.

Listing last checked: Listing updated:

Listed by Jeffrey Brodeur · The O'Rourke Group Real Estate Professionals · MLS #73564219

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Details at a glance

Interior2 property facts
Rooms
23
Basement
Not reported
Building4 property facts
Style
5+ Family - 5+ Units Up/Down
Year built
1860
Parking
10
Foundation
Stone
Land & utilities5 property facts
Lot size
0.41 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
VR
Financial2 property facts
Annual taxes
$6,973
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $765,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$4,449 / monthAdjust
Principal & interest
$3,868
Property tax
$581
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,973. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $830,611

Estimated range $774,386–$886,836.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 1 High St

Can I request a private showing?

Request a tour of 1 High St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.