9-11 Maple St - Multi-Family FOR SALE


Spencer, MA 01562
$1,500,000 USD
508-859-0926
9-11 Maple St, Spencer, MA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/42
null | 8.32% Cap Rate

9-11 Maple St
Spencer, MA 01562


HIGHLIGHTS

  • Fully occupied 11-unit multi-family investment in Spencer!
  • Strong in-place cash flow with upside potential!
  • Two-building package with stable occupancy!
  • Broad tenant appeal and consistent rental demand!
  • Opportunity for future rent growth and added value!
  • Central location near shops, dining, and amenities!

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$178 USD /SF

# OF UNITS

11

PRICE/UNIT

$136,364

CAP RATE

8.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9-11 Maple St Spencer, MA 01562

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1893

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

RES

APN/PARCEL ID

SPEN-000007U-000067

ASK ABOUT THIS PROPERTY

Megan BeckmanJim Black GroupMore Info
508-859-0926

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Megan BeckmanJim Black GroupMore Info
508-859-0926

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.