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listing
1 of 8
MultifamilyFor Sale
$4,250,000
0 Townhouse Court
Spencer, MA 01562
Courtesy of Matthews Real Estate Investment Services, Inc. - Nicholaus Jasinski
MLS Property Information Network
36Beds
18Baths
14,760Sq Ft
Est. Mortgage
$22,038/mo

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.

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Information courtesy of Matthews Real Estate Investment Services, Inc. is subject to verification and is not guaranteed.
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