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0 Townhouse Court

Spencer, MA 01562

36 beds
18 baths
14,760 sqft
1 sqft lot
$287 per sqft
1970 build
– on site

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.

Listing courtesy of MLSPIN / Nicholaus Jasinski / Matthews Real Estate Investment Services, Inc.

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 73368911 —

The Building

Year Built:

1970
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Foundation Details:

Concrete Perimeter
Levels:

4
Stories Total:

4
Stories:

4
# of Units Total:

18
Building Area Total:

14760
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

72
Flooring:

Wood
Fireplace:

false

Room Dimensions

Living Area:

14760
Living Area Source:

Public Record

Location

Directions:

N Main, East Greenville St
Latitude:

42.250527
Longitude:

-71.980416

The Property

Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Side by Side
Lot Features:

Other
Lot Size Units:

Acres
Lot Size SqFt:

1.08
Zoning:

SR
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

99
Tax Annual Amount:

14327
Tax Assessed Value:

1252400

Beds

Bedrooms Total:

36

Baths

Total Baths:

18
Total Baths:

18
Full Baths:

18

The Listing

Home Warranty:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Spa:

false

Parking

Garage:

false
Parking Total:

30
Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	MLSPIN	$4,250,000

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This multifamily located in Spencer, MA 01562 is currently for sale for $4,250,000. 0 Townhouse Court is a 14,760 square foot multifamily with 36 beds and 18 baths that has been on Estately for 4 days. This multifamily is in the attendance area of David Prouty High School.

Listing Courtesy of: MLSPIN and Matthews Real Estate Investment Services, Inc..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.