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Maple Street Apartments offers investors a rare opportunity to acquire a small, value-add multifamily portfolio in the heart of Spencer, Massachusetts. The property consists of (3) adjacent two-unit buildings, totaling 6 residences with direct-entry layouts that resemble single-family homes—ideal for long-term renters or owner-occupied investors seeking privacy and space. Maple Street Apartments has seen recent exterior and landscaping improvements, while interior renovations in select units have proven rent growth potential, all completed in 2025. Located just a half mile from Route 9, the property provides excellent connectivity to Route 90 (Mass Pike), Downtown Worcester, and Worcester Regional Airport—all within 30 minutes. With under-market rents, full utility separation other than water and sewer, and a desirable residential feel, Maple Street Apartments stands out as a compelling investment in a supply-constrained Central Massachusetts market.
General Information for 79-83.5 Maple Street Spencer, MA 01562 |
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Town | Spencer |
County | Worcester |
Stories | 2 |
SQFT | 3,624 |
Status | Available |
Listing Number | 73366799 (MLSPIN) |
Rooms Information for 79-83.5 Maple Street Spencer, MA 01562 |
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Interior Information for 79-83.5 Maple Street Spencer, MA 01562 |
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Interior Features | Vinyl |
Exterior Information for 79-83.5 Maple Street Spencer, MA 01562 |
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Lot Size | 0.66 acres |
Lot Description | Other |
Construction | Frame |
Parking | Spaces: 12 Off Street |
Lot | Other |
Water | Public |
Sewer | Public Sewer |
Neighborhood Information for 79-83.5 Maple Street Spencer, MA 01562 |
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Miscellaneous Information for 79-83.5 Maple Street Spencer, MA 01562 |
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Year Built | 1978 |
Association Fee | 0 |
Taxes | $8,222 /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 | 6,756 |
Avg Price | $1,008,554 |
Avg Days Listed | 86 |
Total New Listings | 0 |
House | Data |
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Units | 11,307 |
Avg Price | $1,300,065 |
Avg Days Listed | 75 |
Total New Listings | 19 |
Multi-Family | Data |
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Units | 1,811 |
Avg Price | $1,305,557 |
Avg Days Listed | 102 |
Total New Listings | 6 |
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Address | Closing Date | List Price | Closing Price | % of List Price |
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Listing: 1 of 1 | Updated 6 minutes ago |