1 High St Spencer — Photo 1 of 35
$830,000
Investment Analysis — 1 High St
Spencer, MA 01562
Based on rent reported on the MLS listing, a 5-unit multi-family in 01562 carries $7,200/mo in gross rent — about a 7.07% cap rate and $58,691/yr in estimated NOI at the $830,000 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
5
SqFt
5,638
Style
5+ Family - 5+ Units Up/Down
Built
1860
Fantastic multi-unit property in downtown Spencer! Owner pays water and sewer, tenants pay all other utilities. 5 units across 2 buildings with newer high efficiency combi steam boilers in most units, all apartments have own laundry facilities, and some units have newer mini-splits for air conditioning. Near to downtown amenities. Property grosses $86,400 per year with long term tenants and room to grow! Seller does not live in property, buyers/buyers agent to do all due diligence.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Jeffrey Brodeur
Listing Office: Keller Williams Pinnacle Central
MLS® Number: 73564219