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106 Main StSpencer, MA 01562

For Sale

$1,100,000

Smart Buyer Rebate $5,500

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

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NAI Glickman Kovago & Jacobs

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508-753-9100

Last updated April 10, 2026

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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. Listed on Prevu for 36 days at $1,100,000. This property 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.

Full MLS Disclaimers

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.