106 Main St Immeuble residentiel 17 lots 963 842 € (56 697 €/Lot) Spencer, MA 01562

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.
The property is situated at 106 Main Street in the heart of downtown Spencer, Massachusetts, along the Route 9 corridor — the town's primary commercial thoroughfare. Located in central Worcester County, the site offers convenient access to local shops, services, and municipal amenities within walking distance. Spencer is approximately 15 miles west of Worcester, providing residents with proximity to the greater Worcester metropolitan area while maintaining a small-town setting. The Route 9 corridor also connects to nearby towns including Leicester, East Brookfield, and the broader central Massachusetts region.