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Adam Dow

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

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8 Jones St , Spencer, MA 01562
$465,000
Est. Payment: $1,033.33/mo
7 Bed
4 Bath
2656 Sqft
Status: Under Agreement | Days on site: 19
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House Description

FINAL & BEST BY 8/14/26 5PM. EXPIRE 8/15 PLS TO ALLOW REVIEW & GET SIGNATURES. ESCALATION CLAUSES WILL NOT BE ACCEPTED OR LOVE LETTERS. Four-family property offering flexibility for both investors and owner-occupants. The unit mix includes two one-bedroom apartments, one two-bedroom apartment, and one apartment with three bedrooms. One unit is currently occupied, while the vacant one-bedrooms and two-bedroom units provide an opportunity for immediate owner occupancy, new tenant placement, or cosmetic improvements. Each unit has separate heat and electricity, with an owner’s meter serving the common lighting and two-car garage. The garage also features walk-up storage above, and the property provides ample off-street parking. Conveniently located near downtown Spencer, everyday services, Luther Hill Park, and a bus stop, with access to Routes 9 and 31, the Mass Pike, Worcester, and Sturbridge. A versatile multifamily opportunity with several paths for future use and income growth.

Highlights

Listed by Cliff Leinonen & Cindy Leinonen Team , 508-450-8850 Houseworks Realty , 508-867-0903.

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1940

County

Worcester

Listing ID

73561485

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Range, Refrigerator, Washer, Dryer
Floor:Tile,Vinyl,Carpet,Varies,Laminate
Other:
  • Additional:High Speed Internet, Living Room, Kitchen, Sunroom
Water:Public

Exterior Features

Lot:Gentle Sloping,Lake/Pond,Walk to,1/2 to 1 Mile To Beach,Beach Ownership(Public)
Garage Capacity:7
Zoning:VR
Roof:Shingle
Others:
  • Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Tandem,Paved,Parking Spaces: 7
Principal Interest
$1,033
Taxes
$315

Home Price

$465,000

Loan Details

30 yrs
%

Down Payment

20%
$93,000
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:
$1,033.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,033.33 $314.58 $0.00 $1,347.92
Yearly $12,400.00 $3,775.00 $0.00 $16,175.00
Total $372,000.00 $113,250.00 $0.00 $485,250.00

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.