Spencer, MA0 Townhouse Court
Sale Price$4,025,000
MLS Number 73368911
- MultiFamily
- Bedrooms 36
- Bathroom 18
- Square Feet 14,760
- Parking Spaces 30
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.
Listed by Nicholaus Jasinski of Matthews Real Estate Investment Services,Inc.
Listing Sold by Matthews Real Estate Investment Services,Inc.
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Est. Mortgage: $/month
Federal 30-year interest rate: 6.76% last updated on 2026-09-10
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.


