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INVESTMENT SNAPSHOT
About this property
Cash-flowing, fully occupied 11-unit investment opportunities like this rarely hit the market in Spencer! 9-11 Maple St offers strong in-place income with additional upside potential, making it an attractive addition to any investment portfolio. This multi-family package features two buildings with a desirable mix of ten 1-bedroom units and one 2-bedroom unit, providing broad tenant appeal and consistent rental demand. Tenants enjoy ample off-street parking and shared on-site laundry, while investors will appreciate the steady cash flow, strong occupancy, and opportunity for future rent growth. The property’s central location helps support long-term tenant retention with convenient access to local shops, restaurants, and everyday amenities. Whether you're looking to expand your portfolio, add a high-performing asset to your holdings, or capitalize on future value-add potential, this rare Spencer multi-family presents an outstanding opportunity. Don't miss out on this rare opportunity!
Property details
| Units | 11 |
| Living area | 8,432 sqft |
| Lot size | 33,263 sqft |
| Year built | 1893 |
| Price / sqft | $178 |
| County | Worcester |
| MLS # | 73521092 |
Listing status
| Days on market | 4 days |
| Listed on | May 19, 2026 |
Taxes & financials
| Annual property tax | $8,939 |
| Tax year | 2025 |
| Assessed value | $761,400 |
| Zoning | RES |
| Gross income (actual) | $142,800/yr |
| Net operating income (actual) | $124,800/yr |
| Total actual rent | $11,900/mo |
| Electric expense | $1,000/yr |
| Insurance expense | $6,000/yr |
Building & lot
| Stories | 5 |
| Total rooms | 33 |
| Lot size | 0.76 acres |
| Garage spaces | 0 |
| Parking spaces | 11 |
| Parking | Off Street |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Flooring | Wood, Vinyl, Carpet |
Utilities & systems
| Heating | Baseboard, Forced Air, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator |
Location
More about investing in Spencer →
Listing courtesy of Real Broker MA, LLC — Jim Black Group. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 9-11 Maple St, Spencer MA 01562 have?
It is a 11-unit multi-family property with 8,432 sqft of living area, built in 1893.
How long has 9-11 Maple St, Spencer MA 01562 been on the market?
9-11 Maple St, Spencer MA 01562 has been listed for 4 days (since May 19, 2026).
What is the price per unit?
At a list price of $1,500,000 across 11 units, that works out to roughly $136,364 per unit.
What are the property taxes on 9-11 Maple St, Spencer MA 01562?
Annual property taxes are $8,939 (2025), on an assessed value of $761,400.
What is the price per square foot?
At $1,500,000 for 8,432 sqft, that's about $178 per square foot.
Is there parking?
11 total parking spaces (off street).
Where is this property located?
9-11 Maple St, Spencer MA 01562 is in Spencer, Worcester County, MA 01562.
