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Sold for $535,750 on 01/02/24
  • $535,750

    67 Chestnut St, Spencer, MA 01562

    10beds
    4,472sqft
    4 Family
    Built in 1900
    -- sqft lot
    $605,500 Zestimate®
    $120/sqft
    $2,024 Estimated rent

    Home value

    $605,500

    $557,000 - $654,000

    $2,024/mo

    Zestimate® history
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    $3,359/mo

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    What's special

    Terrific opportunity to purchase this fully occupied investment property. Two separate buildings. One with two - 2 bedroom units and the other has a 4 bedroom unit as well as a 2 bedroom unit. Newer driveway allows for plenty of off-street parking. Updated gas heating systems, kitchens with all appliances including refrigerators, built in microwaves, ranges, dishwashers and washers & dryers. Flooring is either laminate or hardwood. Town water and sewer. All units have separate utilities. Rents are below market value so there is room for additional income to be generated. Also available is #63 Chestnut abutting property. #63 is a 3 family with 3 bedrooms each and can be purchased together or separately.

    Zillow last checked: 8 hours ago

    Listing updated: January 10, 2024 at 12:01pm

    Listed by:

    Jeff Taylor 508-735-4544,

    ERA Key Realty Services - Distinctive Group 508-303-3434

    Bought with:

    Eric Franszen

    Cedar Wood Realty Group

    Source: MLS PIN,MLS#: 73172152

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Living Room, Kitchen, Office/Den
    • Flooring: Vinyl, Laminate, Hardwood
    • Basement: Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,472
    • Total interior livable area: 4,472 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved Drive, Shared Driveway, Off Street, Paved
    • Uncovered spaces: 8
    Features
    • Patio & porch: Porch, Deck
    • Exterior features: Rain Gutters
    • Waterfront features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
    • Frontage length: 58.00
    Lot
    • Size: 9,817 sqft
    • Features: Easements, Level
    Details
    • Parcel number: 1692836
    • Zoning: R

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, Sidewalks
    Location
    • Region: Spencer

    HOA & financial

    Other financial information
    • Total actual rent: 5500

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/2/2024Sold$535,750-6.8%$120/sqft
    Source: MLS PIN #73172152
    10/31/2023Contingent$575,000$129/sqft
    Source: MLS PIN #73172152
    10/19/2023Listed for sale$575,000-4%$129/sqft
    Source: MLS PIN #73172152
    10/31/2022Listing removed$599,000$134/sqft
    Source: MLS PIN #73047013
    10/12/2022Listed for sale$599,000+377.3%$134/sqft
    Source: MLS PIN #73047013

    Public tax history

    YearProperty taxesTax assessment
    2025$5,991 +6%$510,300 +3.3%
    2024$5,654 +6%$494,200 +11.8%
    2023$5,332 -0.5%$442,100 +8.6%

    Find assessor info on the county website

    Neighborhood: 01562

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $605,500
    2% more+ $12,110
    With Zillow Showcase(estimated)
    $617,610