$1,500,000

9 Maple St Spencer, MA 01562

Estimated payment $8,831/month

Total Views 2,572
12 Beds
11 Baths
8,432 Sq Ft
$178 Price per Sq Ft

Highlights

  • Property is near a beach
  • Property is near public transit and schools
  • Jogging Path
  • Waterfront
  • Wood Flooring
  • Balcony

About This Home

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!

Listing Agent

James Black

Real Broker MA, LLC Listed on: 05/19/2026

Real Broker MA, LLC

Co-Listing Agent

Richard Jenkins

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,939

Year Built

  • Built in 1893

Lot Details

  • 33,263 Sq Ft Lot
  • Waterfront
  • Level Lot

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,432 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Range
  • Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Full Bathrooms
  • Bathtub with Shower

Parking

  • 11 Open Parking Spaces
  • 11 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Property is near a beach
  • Balcony

Location

  • Property is near public transit and schools

Schools

  • Knox Trail Elementary And Middle School
  • David Prouty High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:00U07 B:00067 L:00000

Community Details

Overview

  • 11 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $1,000
  • Insurance Expense $6,000
  • Water Sewer Expense $6,000
  • Operating Expense $18,000
  • Net Operating Income $124,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,939

Year Built

Built in 1893

Lot Details

0.76 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1893
  • Levels: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 12
  • Basement YN: Yes
  • Full Bathrooms: 11
  • Total Bathrooms: 11
  • Above Grade Finished Sq Ft: 8432
  • Living Area: 8432
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN4866

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Lake/Pond, 0 to 1/10 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 11
  • Parking Features: Off Street
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Forced Air, Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 6000

Lot Info

  • Parcel Number: M:00U07 B:00067 L:00000
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 33263
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8939

Multi Family

  • Electric Expense: 1000
  • Insurance Expense: 6000
  • Net Operating Income: 124800
  • Number Of Units Total: 11
  • Operating Expense: 18000
  • Total Actual Rent: 11900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: David Prouty Hs
  • Elementary School: Knox Trail
  • Middle Or Junior School: Knox Trail

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2026 05/19/26 For Sale $1,500,000 -- $178 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73521092

MLS Property Information Network (MLS PIN)
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