First time on the market! This is the perfect place for the 1st time investor looking to build equity. Live in the longtime owners unit(60+ yrs) which is move in ready while getting the other two units ready to rent. The 2 additional units will need work to get them up and rentable again. Another option could be turning 2 units into one and still have the 3rd unit for a mortgage helper. Lot's of possibilities here! Great location on a nice corner lot on Main street! Large 2 story detached barn/garage can fit 3 cars with 2nd story storage. This property is being sold in "as is" condition. New roofs on house and garage in 2019. All units have gas heat and town water & sewer.. **House will not qualify for FHA or VA loans. Walk to shopping, restaurants, Depot walking trail, bus line. Quick access to MA pike(less than 15 minutes). Plenty of green space for your yard too! Great potential with this investment to build for your future!
Sold for $400,000
$400,000
29 Main St, Spencer, MA 01562
7beds
3,015sqft
3 Family
Built in 1870
-- sqft lot
$412,500 Zestimate®
$133/sqft
$1,994 Estimated rent
Home value
$412,500
$375,000 - $454,000
$1,994/mo
Zestimate® history
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$1,994/mo
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$2,492/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: October 22, 2024 at 12:05pm
Listed by:
Donna Flannery 508-885-6665,
ERA Key Realty Services- Spenc 508-885-6336
Bought with:
The Torres Group
Property Investors & Advisors, LLC
Source: MLS PIN,MLS#: 73286308
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Appliances
- Included: Range, Refrigerator
Features
- Living Room, Dining Room, Kitchen, Office/Den
- Flooring: Varies
- Basement: Full,Interior Entry,Bulkhead,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,015
- Total interior livable area: 3,015 sqft
Property
Parking
- Total spaces: 7
- Parking features: Paved Drive, Off Street
- Garage spaces: 3
- Uncovered spaces: 4
Features
- Patio & porch: Porch
- Waterfront features: Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 0.29 Acres
- Features: Corner Lot, Cleared
Details
- Additional structures: Barn/Stable
- Parcel number: M:00U12 B:00033 L:00000,1693022
- Zoning: VR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1870
Utilities & green energy
- Electric: Fuses
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
Location
- Region: Spencer
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2024 | Sold | $400,000+6.7%$133/sqft |
Source: MLS PIN #73286308 Report a problem | ||
| 9/6/2024 | Listed for sale | $375,000$124/sqft |
Source: MLS PIN #73286308 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,740 +11.3% | $318,600 +8.4% |
| 2024 | $3,361 +5% | $293,800 +10.7% |
| 2023 | $3,202 -13.4% | $265,500 -5.5% |
Find assessor info on the county website
Neighborhood: 01562
Nearby schools
GreatSchools rating
- 4/10Knox Trail Junior High SchoolGrades: 5-8Distance: 0.9 mi
- 3/10David Prouty High SchoolGrades: 9-12Distance: 1.4 mi
- 3/10Wire Village SchoolGrades: K-4Distance: 1.9 mi
Get a cash offer in 3 minutes
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Estimated market value
$412,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$412,500