$4,250,000

0 Townhouse Ct Spencer, MA 01562

36 beds
18 full
14,760 sqft
$288 / sqft
Multi-Family

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

Home typeMulti Family
StatusActive
Size14,760 sqft
Year built1970
ParkingOff Street
MLS #73368911

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

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.

Get an agent. Get a mortgage. Save big.¹

view of building exterior featuring uncovered parking

$4,250,000

0 Townhouse Ct

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

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.

All data from GreatSchools

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.

How much money do the neighbors make?

22%
<35k
44%
35k-100k
28%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

47%
Single, No Kids
13%
Single, with Kids
23%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • College FootballCollege Football
  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • KmartKmart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • KiaKia
  • BuickBuick
  • FordFord

What do the neighbors listen to?

  • New CountryNew Country
  • OldiesOldies
  • CountryCountry
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

More resources