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Bean Group
Offered at $524,900Active
beds
9
baths
3
sq ft
3,456
Built
1840

13 Lincoln St

Spencer, MA 01562

About this home

The next great addition to your portfolio could be right here in Spencer! Formerly configured as a three-family, this property has been converted to two spacious units, creating an especially versatile setup for investors, co-owners, or extended-family living. Unit 1 is currently occupied and provides great rental income, offering three bedrooms, one full bath, a living area, kitchen, private patio, and separate gas and electric meters. Unit 2 spans the second and third floors, offering multiple bedrooms, two full baths, two living areas, two kitchen areas, and a convenient stackable washer and dryer setup on the second floor, while the third floor features a large dedicated laundry room. All-new waterproof vinyl laminate flooring and numerous kitchen updates add even more appeal, including quartz counters, high-end sinks and faucets, a microwave, and a refrigerator. Recent improvements include two new water heaters installed in 2024, a newer roof with plywood, attic and blown-in insulation, and hot-air duct leak inspection. Outside, the property delivers an impressive seven off-street parking spaces, including stacked driveway parking and additional spaces made possible by the lot's frontage. A spacious yard and small shed round out the property, offering useful outdoor space for recreation, storage, or future possibilities. Conveniently located within an easy walk of downtown Spencer, Price Chopper, CVS, the library, restaurants, public transportation to Worcester, and more! Owner financing at a reduced rate may be available to well-qualified buyers. Whether you're looking to house extended family, share ownership, or add a flexible income-producing property to your portfolio, this one offers plenty of possibilities. Don't miss it!

Listing last checked: Listing updated:

Listed by Jim Black Group · Real Broker MA, LLC · MLS #73586773

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Details at a glance

Interior5 property facts
Rooms
16
Heating
Central, Forced Air, Natural Gas
Cooling
None
Flooring
Vinyl
Basement
Yes · Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Building5 property facts
Style
Multi Family
Year built
1840
Parking
7
Foundation
Block, Stone, Brick/Mortar
Roof
Shingle
Land & utilities5 property facts
Lot size
0.16 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
VR
Financial2 property facts
Annual taxes
$4,596
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $524,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,037 / monthAdjust
Principal & interest
$2,654
Property tax
$383
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $4,596. 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 $505,088

Estimated range $433,709–$576,467.

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 13 Lincoln St

Can I request a private showing?

Request a tour of 13 Lincoln 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.