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For sale
  • Price cut: $150K (6/4)
    $4,100,000

    0 Town House Ct, Spencer, MA 01562

    36beds
    14,760sqft
    : 
    5+ Family - 5+ Units Side by Side
    Built in 1970
    -- sqft lot
    $292,100 Zestimate®
    $278/sqft
    $-- HOA

    What's special

    Surface parking lotIndividual utility meteringSelect unit renovationsDesirable two-bedroom layouts
    Townhouse Court Apartments presents investors with a compelling opportunity to acquire a well-located, value-add multifamily asset in Spencer, Massachusetts. Comprising (2) adjacent 9-unit buildings totaling 18 townhouse-style residences, the property offers immediate upside through interior upgrades and rent repositioning. All units feature desirable two-bedroom layouts with direct access, individual utility metering, and a surface parking lot. Townhouse Court has benefitted from recent exterior and landscaping upgrades, while select unit renovations have demonstrated strong rental premiums. Located just off Route 9 and less than 30 minutes to Downtown Worcester and the Mass Pike (Route 90), the property is ideally situated for commuter access, regional employment, and long-term tenant retention. With strong fundamentals, below-market rents, and clear value enhancement potential, Townhouse Court Apartments is positioned to deliver outsized returns in a tight Central MA market.
    101 days
    on Zillow
    |
    434
    |
    17
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 08, 2025 at 12:10am

    Listed by:

    Nicholaus Jasinski,

    Matthews Real Estate Investment Services, Inc.,

    Nicholaus Jasinski

    Source: MLS PIN,MLS#: 73368911
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 36
    • Bathrooms: 18
    • Full bathrooms: 18
    Features
    • Flooring: Wood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 14,760
    • Total interior livable area: 14,760 sqft
    • Finished area above ground: 14,760

    Property

    Parking
    • Total spaces: 30
    • Parking features: Off Street
    Lot
    • Size: 1.08 Square Feet
    • Features: Other
    Details
    • Zoning: SR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Side by Side
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Spencer

    Financial & listing details

    • Price per square foot: $278/sqft
    • Tax assessed value: $1,252,400
    • Annual tax amount: $14,327
    • Date on market: 5/2/2025
    • Total actual rent: 3995
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