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126 Main St, Spencer, MA 01562

$400,000

  • Sold
  • Closed
  • Multi-Family
  • 21 Units
  • 15 Total Beds
  • 0.37 Acres
126 Main St, Spencer, MA 01562View this property at 126 Main St, Spencer, MA 01562
126 Main StSpencerMA01562
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Property Description
Bring offers HIGHLY MOTIVATED SELLER. This building is a CASH COW. 5 Apts. 3 store fronts on Rte 9. There are 13 additional rooms on the third floor that are rented out weekly and monthly.Many long term tenants. Very clean with on site manager. Many updates over the past two years include: New large Furnace in basement, new windows, new roof, some new exterior metal doors, most siding, stores updated, and most baths updated. Rents could be increased. Manager gets free apartment in lieu of collecting rents and maintaining cleanliness of building. Manager willing to keep same arrangement with new owner. Some rooms on 2nd floor have been combined to create a 2 room suite. These can be converted back to generate more income.

Full Property Details for 126 Main St

General

  • Sold For: $400,000
  • Taxes: $3,094 (2013)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 71574851
  • Added: 1, 881 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Full Bathrooms: 9
  • Partial Bathrooms: 3

Bedrooms

  • Total Bedrooms: 15

Location

  • County: Worcester

Structural Information

  • Architectural Style: 5-9 Family
  • Basement: Yes
  • Square Feet: 10,151
  • Year Built: 1850

Lot Features

  • Lot Size (Acres): 0.37
  • Lot Size (Sq. Ft.): 16,139

Financial Considerations

  • Tax Amount: $3,094
  • Tax Year: 2013

Listed by Miele Realty, Michael Miele

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Schools

Schools serving 126 Main St

School District:Spencer-E Brookfield
Score
Name
Grades
Distance
4
302 Main St, Spencer, MA 01562
9-12
1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 126 Main St

Date
Details
Price
Change
Source
12/23/2014
Sold
$400,000
-15.79%
MLS
12/06/2013
Price Reduced
$475,000
-0.84%
MLS
10/19/2013
Price Reduced
$479,000
-4.01%
MLS
10/03/2013
Price Reduced
$499,000
-0.18%
MLS
9/09/2013
Price Reduced
$499,900
-0.02%
MLS
8/26/2013
Listed
$500,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Community Info

Community Info for 126 Main St

Listed by Miele Realty, Michael Miele

126 Main St, Spencer, MA 01562 (MLS# 71574851) is a Multi-Family property that was sold at $400,000 on December 23, 2014. Want to learn more about 126 Main St? Do you have questions about finding other Multi-Family real estate for sale in Spencer? You can browse all Spencer real estate or contact a Coldwell Banker agent to request more information.