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For sale
  • $300,000

    27 Elm St, Spencer, MA 01562

    5beds
    1,658sqft
    : 
    $1,951/mo
    Get pre-qualified
    2 Family - 2 Units Up/Down
    Built in 1910
    -- sqft lot
    $304,900 Zestimate®
    $181/sqft
    $-- HOA

    What's special

    Two spacious move-in-ready units
    Property showings are available Mondays, Wednesdays, and Saturdays only. Please refer to the Special Showing Instructions for details on how to schedule an appointment.Don't miss this exceptional 2-family investment opportunity, offering two spacious, move-in-ready units with income potential and room for future growth. Whether you're looking to expand your portfolio or occupy one unit while generating rental income from the other, this property offers flexibility, efficiency, and long-term value.The first-floor unit features 3 bedrooms, 1 bathroom, a porch, and washer and dryer hookups. The second-floor unit offers 2 bedrooms, 1 bathroom, an enclosed porch, and access to the attic. The attic includes electricity and a bonus space, offering exciting potential to be finished into additional usable space, subject to buyer due diligence and any required approvals. All appliances pictured are included with the sale. Major improvements have already been completed, including conversion from oil to natural gas with a high-efficiency gas boiler, Mass Save insulation completed approximately four years ago, and an upgrade to 200-amp electrical service with updated wiring throughout the home. According to the seller, these efficiency upgrades have helped keep energy costs low. Five front-facing windows were also replaced last year. Additional highlights include a dedicated driveway with off-street parking and a convenient location near CVS, restaurants, local shops, and everyday essentials. With significant system upgrades already completed, both units ready for occupancy, and additional upside potential, this multi-family is a compelling opportunity for investors and owner-occupants alike.
    3 days
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    572
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    57
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Cassandra Sierra 617-455-9243,

    Charlesgate Realty Group, llc 617-587-0100

    Source: MLS PIN,MLS#: 73564642

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range, Refrigerator, Washer/Dryer, Range Hood
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Tile, Carpet, Laminate
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,658
      • Total interior livable area: 1,658 sqft
      • Finished area above ground: 1,658

      Property

      Parking
      • Total spaces: 5
      • Parking features: Paved Drive, Off Street
      • Uncovered spaces: 5
      Features
      • Patio & porch: Porch, Enclosed
      Lot
      • Size: 3,234 Square Feet
      Details
      • Parcel number: 1692504
      • Zoning: TC

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 Family - 2 Units Up/Down
      Materials
      • Foundation: Brick/Mortar, Other
      • Roof: Shingle
      Condition
      • Year built: 1910

      Utilities & green energy

      • Electric: 200+ Amp Service, Individually Metered
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup

      Community & HOA

      Location
      • Region: Spencer

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $283,300
      • Annual tax amount: $3,111
      • Date on market: 8/17/2026
      • Total actual rent: 0

        Estimated market value

        $304,900

        $290,000 - $320,000

        $2,975/mo

        Price history

        DateEventPrice
        8/17/2026Listed for sale$300,000+20%$181/sqft
        Source: MLS PIN #73564642 Report a problem
        6/3/2022Listing removed--
        Source: MLS PIN #72797091 Report a problem
        2/2/2022Sold$250,000-3.8%$151/sqft
        Source: MLS PIN #72923920 Report a problem
        12/4/2021Price change$259,999-3.7%$157/sqft
        Source: MLS PIN #72923920 Report a problem
        12/1/2021Listed for sale$269,999+17.4%$163/sqft
        Source: MLS PIN #72923920 Report a problem
        6/24/2021Listing removed$230,000$139/sqft
        Source: MLS PIN #72797091 Report a problem
        6/8/2021Price change$230,000-4.2%$139/sqft
        Source: MLS PIN #72797091 Report a problem
        3/11/2021Listed for sale$240,000+88.2%$145/sqft
        Source: MLS PIN #72797091 Report a problem
        11/3/2020Sold$127,500-20.3%$77/sqft
        Source: Public Record Report a problem
        7/2/2014Listing removed$159,900$96/sqft
        Source: RE/MAX Vision #71619493 Report a problem
        4/8/2014Price change$159,900-0.7%$96/sqft
        Source: RE/MAX Vision #71619493 Report a problem
        3/27/2014Price change$161,000-2.4%$97/sqft
        Source: RE/MAX Vision #71619493 Report a problem
        10/4/2013Price change$165,000-2.9%$100/sqft
        Source: RE/MAX Vision #71540840 Report a problem
        6/13/2013Listed for sale$169,900-2.9%$102/sqft
        Source: Re/Max Vision #71540840 Report a problem
        1/3/2013Listing removed$174,900$105/sqft
        Source: RE/MAX Advantage 1 #71406279 Report a problem
        7/9/2012Listed for sale$174,900-5.4%$105/sqft
        Source: RE/MAX Advantage 1 #71406279 Report a problem
        5/15/2009Listing removed$184,900$112/sqft
        Source: Weichert Realtors** #70893559 Report a problem
        3/29/2009Listed for sale$184,900-7.5%$112/sqft
        Source: Weichert Realtors** #70893559 Report a problem
        3/4/2008Listing removed$199,900$121/sqft
        Source: MLS Property Information Network #70638672 Report a problem
        1/26/2008Listed for sale$199,900+14.9%$121/sqft
        Source: MLS Property Information Network #70638672 Report a problem
        7/20/2006Sold$174,000+205.3%$105/sqft
        Source: Public Record Report a problem
        8/29/1997Sold$57,000$34/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,980 +11.5%$253,800 +8.6%
        2024$2,672 +10.3%$233,600 +16.3%
        2023$2,422 +0.7%$200,800 +9.9%
        2022$2,404 +16.8%$182,700 +24.6%
        2021$2,058 +5.2%$146,600 +5.8%
        2020$1,957 +6.6%$138,600 +4.7%
        2019$1,835 +15.8%$132,400 +12.2%
        2018$1,584 -2.9%$118,000 +1.1%
        2017$1,631 +13.3%$116,700 +15.9%
        2016$1,439 -2.7%$100,700 -6.9%
        2015$1,479 +3.9%$108,200
        2014$1,423 +0.4%$108,200 -2.5%
        2013$1,417 +2.8%$111,000 -1.1%
        2012$1,378 +0.9%$112,200 -9.1%
        2011$1,366 +1.5%$123,400 -10%
        2010$1,346 -4.6%$137,100 -15%
        2009$1,411 +11.7%$161,200 +1.1%
        2008$1,263 +2.4%$159,500
        2007$1,233 +4.5%$159,500 +14.7%
        2006$1,180 +3.4%$139,000 +5.9%
        2005$1,141 +13.5%$131,200 +9.6%
        2004$1,005 +9.2%$119,700 +62.2%
        2003$920 +10.6%$73,800
        2001$832 -8.4%$73,800 +0.1%
        2000$908 +11%$73,700 -0.4%
        1997$818 $74,000
        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 01562

        Getting around

        73 / 100
        Very Walkable
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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