0 Townhouse Ct Spencer, MA 01562
Property details
About 0 Townhouse Ct
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.
Highlights
Summary
- Full Bathrooms: 18
- Flooring Type: Wood
- Total Bedroom Count: 36
- Parking: Off Street
- List Price: $4,250,000
- Price/SqFt: $287
- Lot: Other
- Directions: N Main, East Greenville St
- Year Built: 1970
- Stories: 4
- Living Area: 14,760 SqFt
- MLS Number: 73368911
- MLS Name: MLS Property Information Network
- Office Name: Matthews Real Estate Investment Services, Inc.
- Office Phone: (866) 889-0550
- Listing Agent: Nicholaus Jasinski
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Last updated on: 5/8/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,250,000
0 Townhouse Ct
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Price information
Property sales
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Tax history
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Nearby schools
2
Wire Village School
Public District KG-4
0.7 mi
•60 Paxton Rd
3
Leicester Elementary School
Public District KG-4
3.8 mi
•170 Paxton St
4
North Brookfield Elementary School
Public District PK-6
5.4 mi
•10 High School Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,941. The most common annual income of people living in Spencer, MA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 0 Townhouse Ct in Spencer, MA and zip code 01562. This 14,760 square foot home was built in 1970. Features: 36 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $4,250,000.
While more than 8 listings in Spencer, MA in April 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 2 were sold below. Between March and April 2025, Spencer, MA real estate market has seen increase in the number of listings by 22.2%. In April 2025 median list price was $420,000 and the average listing age was 17 days.