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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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27 Elm St , Spencer, MA 01562
$300,000
Est. Payment: $666.67/mo
5 Bed
2 Bath
1658 Sqft
Status: Active | Days on site: 30
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NB1520 - CN257579
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House Description

Property showings are available Mondays, Wednesdays, and Saturdays only. Please refer to the Special Showing Instructions for details on how to schedule an appointment.Don't miss this exceptional 2-family investment opportunity, offering two spacious, move-in-ready units with income potential and room for future growth. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this property offers flexibility, efficiency, and long-term value.The first-floor unit features 3 bedrooms, 1 bathroom, a porch, and washer and dryer hookups. The second-floor unit offers 2 bedrooms, 1 bathroom, an enclosed porch, and access to the attic. The attic includes electricity and a bonus space, offering exciting potential to be finished into additional usable space, subject to buyer due diligence and any required approvals. All appliances pictured are included with the sale. Major improvements have already been completed, including conversion from oil to natural gas with a high-efficiency gas boiler, Mass Save insulation completed approximately four years ago, and an upgrade to 200-amp electrical service with updated wiring throughout the home. According to the seller, these efficiency upgrades have helped keep energy costs low. Five front-facing windows were also replaced last year. Additional highlights include a dedicated driveway with off-street parking and a convenient location near CVS, restaurants, local shops, and everyday essentials. With significant system upgrades already completed, both units ready for occupancy, and additional upside potential, this multi-family is a compelling opportunity for investors and owner-occupants alike.

Highlights

Listed by Cassandra Sierra , 617-455-9243 Charlesgate Realty Group, llc , 617-587-0100.

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1910

County

Worcester

Listing ID

73564642

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Range, Refrigerator, Washer/Dryer, Range Hood
Air Cond:Window Unit(s)
Fireplaces:
Floor:Tile,Carpet,Laminate
Water:Public

Exterior Features

Garage Capacity:5
Zoning:TC
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 5
Principal Interest
$667
Taxes
$259

Home Price

$300,000

Loan Details

30 yrs
%

Down Payment

20%
$60,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.67 $259.25 $0.00 $925.92
Yearly $8,000.00 $3,111.00 $0.00 $11,111.00
Total $240,000.00 $93,330.00 $0.00 $333,330.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Spencer, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.