$1,300,000
79-83.5 Maple Street
Spencer, MA, 01562
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.
Property Details
Price:
$1,300,000
MLS #:
73366799
Status:
Active
Beds:
6
Baths:
6
Address:
79-83.5 Maple Street
Type:
Multi Family
Subtype:
5-9 Family
City:
Spencer
Listed Date:
Apr 30, 2025
State:
MA
Finished Sq Ft:
3,624
Total Sq Ft:
3,624
ZIP:
01562
Lot Size:
28,749 sqft / 0.66 acres (approx)
Year Built:
1978
Units:
6
Schools
Interior
Bathrooms
6 Full Bathrooms
Flooring
Vinyl
Exterior
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
12
Roof
Shingle
Financial
Tax Year
2024
Taxes
$8,222
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of United Multi Family Corporation. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
79-83.5 Maple Street
Spencer, MA
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