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Listing: 1 of 1 | Updated 34 minutes ago |
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.
General Information for 0 Townhouse Court Spencer, MA 01562 |
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Town | Spencer |
County | Worcester |
Stories | 4 |
SQFT | 14,760 |
Status | Available |
Listing Number | 73368911 (MLSPIN) |
Rooms Information for 0 Townhouse Court Spencer, MA 01562 |
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Interior Information for 0 Townhouse Court Spencer, MA 01562 |
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Interior Features | Wood |
Exterior Information for 0 Townhouse Court Spencer, MA 01562 |
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Lot Description | Other |
Construction | Frame |
Parking | Spaces: 30 Off Street |
Lot | Other |
Water | Public |
Sewer | Public Sewer |
Neighborhood Information for 0 Townhouse Court Spencer, MA 01562 |
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Miscellaneous Information for 0 Townhouse Court Spencer, MA 01562 |
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Year Built | 1970 |
Association Fee | 0 |
Taxes | $14,327 /Yr |
Comp | Buyer Agency Compensation: Buyer Agency Compensation Type: Sub Agency Compensation: Sub Agency Compensation Type: Transaction Broker Compensation: Compensation Based On: Sub-Agency Relationship Offered: |
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Condo | Data |
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Units | 6,807 |
Avg Price | $1,002,416 |
Avg Days Listed | 88 |
Total New Listings | 1 |
House | Data |
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Units | 11,407 |
Avg Price | $1,308,338 |
Avg Days Listed | 77 |
Total New Listings | 10 |
Multi-Family | Data |
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Units | 1,767 |
Avg Price | $1,284,668 |
Avg Days Listed | 104 |
Total New Listings | 5 |
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Address | Closing Date | List Price | Closing Price | % of List Price |
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Listing: 1 of 1 | Updated 34 minutes ago |