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Active

27 Elm Street

Spencer, MA 01562

Offered at$300,000

Residential Income · Active · MLS #73564642
Listing Courtesy of Charlesgate Realty Group, llc | Cassandra Sierra

5Bedrooms
2Bathrooms
1,658Square feet
1910Year built

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MLS PIN data

About this home

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.

Property information

Details at a glance

Interior

Rooms
10
Heating
Natural Gas
Cooling
Window Unit(s)
Flooring
Tile, Carpet, Laminate

Building

Style
2 Family - 2 Units Up/Down
Year built
1910
Parking
5
Foundation
Brick/Mortar, Other
Roof
Shingle

Land & utilities

Lot size
0.07 acres
Water
Public
Sewer
Public Sewer
Zoning
TC

Financial

Annual taxes
$3,111
Assessment year
2026

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$314,154

Estimated range $296,608$331,700

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Spencer

MetricThis propertySpencer
List price$300,000$569,45047% below local
Price / sq ft$181$22520% below local
Days on market174461% below local
Explore homes in Spencer

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 27 Elm Street

Can I schedule a private showing?

Yes. Request a tour of 27 Elm Street 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.