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Listing Details
- $1,100,000
- MLS# 73492808
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: NAI Glickman Kovago & Jacobs
Agency Phone: 508-753-9100
Agent Name: James Glickman
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
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...read more
Features
- 3.0 Stories
- $6,429 Taxes
- Public
- Built in 1900
Gallery
Listed By
Agency Name: NAI Glickman Kovago & Jacobs
Agency Phone: 508-753-9100
Agent Name: James Glickman
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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