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. Do not contact the residences or the business on property.
Listed by James Glickman
·
NAI Glickman Kovago & Jacobs
·
508-753-9100
Last updated April 10, 2026
·
Source: MLSPin #73492808
Listing Facts
TypeMulti-family
NeighborhoodSpencer
Bedrooms14
Bathrooms13
Days on Prevu36
Taxes$6,429/year
Size17,554 sqft
Price per sqft$63
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/27/2026
Listed by NAI Glickman Kovago & Jacobs
$1,100,000
Property Details for 106 Main St
Exterior
Construction
Number Of Units Total: 17
Stories: 3
Stories Total: 3
Year Built: 1900
Year Built Details: Actual
Measurements
Building Area Total: 17,554
Building Area Units: Square Feet
Lot Features: Corner Lot
Lot Size Acres: 0.38
Lot Size Area: 0
Lot Size Square Feet: 16,449
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $22,800.00
Taxes
Parcel Number: 1692781
Tax Annual Amount: $6,429.00
Tax Assessed Value: $547,600.00
Tax Year: 2025
Interior
Measurements
Living Area: 17,554
Living Area Source: Public Record
Rooms
Bathrooms Full: 13
Bathrooms Total Integer: 13
Bedrooms Total: 14
Rooms Total: 14
Parking
Parking
Open Parking Spaces: 14
Parking Total: 14
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 14 bedrooms and 13 bathrooms in this multi-family home at 106 Main St.
Does this multi-family home have parking?
Yes, there are 14 parking spaces available for 106 Main St.
What are the annual taxes for 106 Main St?
Annual taxes for this multi-family home are estimated at $6,429.
How does 106 Main St compare to other multi-family homes in Spencer?
This multi-family home is listed 167% above the average price for multi-family homes in Spencer and has been on the market for 5 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 17,554 sqft.
106 Main St is a 14-bedroom, 13-bath multi-family home for sale in Spencer MA 01562. On Prevu for 36 days at $1,100,000. This home features 17,554 square feet of living space, located in Spencer. The median listing price for multi-family homes in this area is $420,000. Property amenities include parking. View other multi-family home listings in Worcester County.
The property listing data and information, or the Images, set forth herein were provided
to MLS Property Information Network, Inc. from third party sources, including sellers,
lessors, landlords and public records, and were compiled by MLS Property Information
Network, Inc. The property listing data and information, and the Images, are for the
personal, non commercial use of consumers having a good faith interest in purchasing,
leasing or renting listed properties of the type displayed to them and may not be used
for any purpose other than to identify prospective properties which such consumers may
have a good faith interest in purchasing, leasing or renting. MLS Property Information
Network, Inc. and its subscribers disclaim any and all representations and warranties
as to the accuracy of the property listing data and information, or as to the accuracy
of any of the Images, set forth herein.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.