42 Maple Spencer — Photo 1 of 42
Recent Drop: $30,000
$589,900
Investment Analysis — 42 Maple
Spencer, MA 01562
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-unit multi-family in 01562 carries an estimated $5,010/mo in gross rent — about a 7.23% cap rate and $42,644/yr in estimated NOI at the $589,900 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
3
SqFt
3,662
Style
3 Family - 3 Units Up/Down
Built
1900
Cash Cow! Choose your own tenants! Recently renovated, with updated electrical & plumbing, this three-family dwelling sits across from Muzzy Meadow Pond. Ready for immediate occupancy. This property has three full bathrooms, six bedrooms, third floor unit has walkup attic with two extra rooms waiting to be finished. Meticulously designed kitchens, complete with elegant cabinets, updated countertops, and a tasteful backsplash, creating an inspiring environment for daily routines. Complementing the interior, a welcoming deck extends the living experience outdoors, offering a tranquil setting for enjoyment on the 3657 square feet lot. Parking for 3+ cars. This property, originally constructed in 1900, embodies enduring character. This property presents a truly remarkable opportunity for owner occupant or an investment. Convenient location, close to shopping, restaurants, schools, walking distance to downtown, 20 minutes to Worcester & 40 minutes to Springfield.
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 MLS and other third-party data may be inaccurate or out of date.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
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Property History
$589,900
Was $599,900
Jul 14, 2026
MLS® 73490713
$599,900
Was $609,900
Jul 1, 2026
MLS® 73490713
$609,900
Was $619,900
Jun 7, 2026
MLS® 73490713
$619,900
Mar 24, 2026
MLS® 73490713
Listing Agent: Melissa Jeffery
Listing Office: Toner Real Estate, LLC
MLS® Number: 73490713