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79-83.5 Maple StreetSpencer, MA 01562

For Sale

$1,300,000

Smart Buyer Rebate $6,500

Maple Street Apartments offers investors a rare opportunity to acquire a small, value-add multifamily portfolio in the heart of Spencer, Massachusetts. The property consists of (3) adjacent two-unit buildings, totaling 6 residences with direct-entry layouts that resemble single-family homes—ideal for long-term renters or owner-occupied investors seeking privacy and space. Maple Street Apartments has seen recent exterior and landscaping improvements, while interior renovations in select units have proven rent growth potential, all completed in 2025. Located just a half mile from Route 9, the property provides excellent connectivity to Route 90 (Mass Pike), Downtown Worcester, and Worcester Regional Airport—all within 30 minutes. With under-market rents, full utility separation other than water and sewer, and a desirable residential feel, Maple Street Apartments stands out as a compelling investment in a supply-constrained Central Massachusetts market.

Listed by Nicholaus Jasinski

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Matthews Real Estate Investment Services, Inc.

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617-448-1677

Last updated June 08, 2025

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Source: MLSPin #73366799

Listing Facts

  • TypeMulti-family
  • NeighborhoodSpencer
  • Bedrooms6
  • Bathrooms6
  • Days on Prevu133
  • Taxes$8,222/year
  • Size3,624 sqft
  • Price per sqft$359

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/04/2025
Price Decreased
$1,300,000
04/30/2025
Listed by Matthews Real Estate Investment Services, Inc.
$1,350,000

Property Details for 79-83.5 Maple Street

Exterior

Construction

  • Number Of Units Total: 6
  • Roof: Shingle
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1978
  • Year Built Details: Approximate
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 3,624
  • Building Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.66
  • Lot Size Area: 0
  • Lot Size Square Feet: 28,749
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $105,924.00
  • Operating Expense: $26,510.00

Taxes

  • Tax Annual Amount: $8,222.00
  • Tax Assessed Value: $99.00
  • Tax Year: 2024

Interior

Features

  • Flooring: Vinyl

Measurements

  • Living Area: 3,624
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 6
  • Rooms Total: 18

Parking

Parking

  • Parking Features: Off Street
  • Parking Total: 12

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

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.