
19 Irving St Spencer — Photo 1 of 35
$325,000
Investment Analysis — 19 Irving St
Spencer, MA 01562
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01562 carries an estimated $2,250/mo in gross rent — about a 5.09% cap rate and $16,528/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,861
Style
Single Family
Built
1900
Lovingly owned and enjoyed by the same owners for more than five decades, this charming Antique Colonial offers a wonderful opportunity to make a home your own. Set on a convenient lot in a desirable Spencer location, this property offers character, space, and a remarkably flexible floor plan.The first floor features a comfortable living room, diningroom, kitchen, 2 bedrooms, (or 3 ) & full bath. The second floor offers a unique setup that can accommodate a variety of living arrangements, including an in-law or multigenerational configuration, with its own kitchen, living area, full bath, and two additional bedrooms. Whether you're looking for space for extended family, separate living quarters, a home office, or simply room to spread out, the possibilities are here. The convenient location is a true highlight, with parks, shopping, restaurants, library, public transportation, schools, and other amenities all nearby. Enjoy easy access to walking/jogging trails, conservation areas, medical facilities, and a nearby public lake/pond. This well-loved home is being offered **AS IS** and is priced accordingly providing an opportunity for buyers looking to renovate, update, and create something special. Perfect for buyers seeking flexibility and potential at an attractive price point! Home is move in ready as it is. Quick occupancy is available!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,861 sq ft principal dwelling). Lot size: 7,384 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Refrigerator • Gas Cooktop
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 14
Flooring - Wall to Wall Carpet, Open Floorplan
Dining Room
Lvl First15 x 14
Kitchen
Lvl First12 x 11
Pantry, Exterior Access
Master Bedroom
Lvl First12 x 11
Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First9 x 11
Bedroom 3
Lvl Second12 x 13
Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second15 x 10
Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First9 x 6
Bathroom 2
Lvl Second4 x 5
Listing Agent: Donna Flannery
Listing Office: ERA Key Realty Services- Spenc
MLS® Number: 73568868