Fully occupied and turnkey 3-unit multifamily in Spencer, MA with potential for a 4th unit (buyer to verify). This renovated property features two 1-bedroom, 1-bath units and one large 4-bedroom, 1-bath unit—ideal for strong rental income. All units have been updated with modern finishes, including new kitchens, baths, flooring, and paint. Tenants enjoy a fully fenced-in yard, providing privacy and outdoor space. Off-street parking available. Each unit has separate utilities, minimizing landlord expenses and maximizing cash flow. Located near downtown Spencer, schools, shopping, and major commuter routes. Excellent opportunity for investors or owner-occupants seeking additional income. Solid rental history with long-term tenants in place. Clean, well-maintained, and generating income from day one. Explore the possibility of adding a 4th unit to increase value and returns. Don’t miss this rare, income-producing property in a growing Central MA market.
Sold for $589,000
$589,000
50 Pleasant St, Spencer, MA 01562
6beds
3,067sqft
3 Family
Built in 1860
-- sqft lot
$597,400 Zestimate®
$192/sqft
$2,059 Estimated rent
Home value
$597,400
$550,000 - $651,000
$2,059/mo
Zestimate® history
Owner options
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$3,765/mo
Est. payment
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$3,765/mo
Est. payment
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List your homeWhat's special
Modern finishesNew kitchensOff-street parkingFully fenced-in yard
Zillow last checked:
Listing updated:
Listed by:
Joshua Hoffsommer 774-200-0913,
ERA Key Realty Services- Auburn 508-832-5831
Bought with:
Stacey Roman
Castinetti Realty Group
Source: MLS PIN,MLS#: 73410684
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ductless, Electric, Oil
Cooling
- Ductless
Appliances
- Included: Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Storage, High Speed Internet, Upgraded Cabinets, Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Upgraded Countertops, Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Kitchen, Laundry Room, Living RM/Dining RM Combo, Living Room
- Flooring: Vinyl, Carpet, Vinyl / VCT
- Windows: Insulated Windows, Screens
- Basement: Full,Walk-Out Access,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,067
- Total interior livable area: 3,067 sqft
- Finished area above ground: 3,067
Property
Parking
- Total spaces: 15
- Parking features: Paved Drive, Off Street, Tandem, Common, Paved
- Garage spaces: 1
- Uncovered spaces: 14
Features
- Patio & porch: Deck, Deck - Wood
- Exterior features: Rain Gutters, Varies per Unit
- Fencing: Fenced/Enclosed,Fenced
Lot
- Size: 0.44 Acres
- Features: Wooded, Cleared, Gentle Sloping
Details
- Additional structures: Barn/Stable
- Parcel number: M:00U20 B:00059 L:00000,1693626
- Zoning: VR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Concrete Perimeter, Stone
- Roof: Shingle
Condition
- Year built: 1860
Utilities & green energy
- Electric: Circuit Breakers, Varies per Unit
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Green energy
- Energy efficient items: Thermostat, Varies per Unit
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Conservation Area, House of Worship, Public School, Sidewalks
Location
- Region: Spencer
HOA & financial
Other financial information
- Total actual rent: 5650
Other
Other facts
- Listing terms: Contract
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Sold | $589,000$192/sqft |
Source: MLS PIN #73410684 Report a problem | ||
| 9/2/2025 | Contingent | $589,000$192/sqft |
Source: MLS PIN #73410684 Report a problem | ||
| 7/29/2025 | Listed for sale | $589,000$192/sqft |
Source: MLS PIN #73410684 Report a problem | ||
| 7/4/2023 | Listing removed | $589,000$192/sqft |
Source: MLS PIN #73107447 Report a problem | ||
| 5/4/2023 | Listed for sale | $589,000+74.8%$192/sqft |
Source: MLS PIN #73107447 Report a problem | ||
| 7/15/2022 | Sold | $337,000+3.7%$110/sqft |
Source: MLS PIN #72982667 Report a problem | ||
| 5/26/2022 | Contingent | $325,000$106/sqft |
Source: MLS PIN #72982667 Report a problem | ||
| 5/17/2022 | Listed for sale | $325,000+69.3%$106/sqft |
Source: MLS PIN #72982667 Report a problem | ||
| 2/1/2016 | Sold | $192,000-2.5%$63/sqft |
Source: EXIT Realty solds #-7841159197856789911 Report a problem | ||
| 12/8/2015 | Pending sale | $197,000$64/sqft |
Source: RE/MAX Professional Associates #71815872 Report a problem | ||
| 8/3/2015 | Listed for sale | $197,000$64/sqft |
Source: RE/MAX Professional Associates #71815872 Report a problem | ||
| 7/23/2015 | Pending sale | $197,000$64/sqft |
Source: RE/MAX Professional Associates #71815872 Report a problem | ||
| 4/12/2015 | Listed for sale | $197,000$64/sqft |
Source: RE/MAX Prof Associates #71815872 Report a problem | ||
| 1/12/2015 | Listing removed | $197,000$64/sqft |
Source: RE/MAX Professional Associates #71753399 Report a problem | ||
| 10/7/2014 | Price change | $197,000-1.5%$64/sqft |
Source: RE/MAX Professional Associates #71753399 Report a problem | ||
| 8/7/2014 | Price change | $199,900-4.8%$65/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 6/18/2014 | Price change | $209,900-3.5%$68/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 4/21/2014 | Listed for sale | $217,500$71/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 3/18/2014 | Listing removed | $217,500$71/sqft |
Source: Emerson Realtors #71473409 Report a problem | ||
| 12/4/2013 | Price change | $217,500-1.1%$71/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 10/8/2013 | Price change | $219,900-4.3%$72/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 10/1/2013 | Price change | $229,900-2.1%$75/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 8/6/2013 | Price change | $234,900-2.1%$77/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 5/15/2013 | Listed for sale | $239,900+2.1%$78/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 3/28/2013 | Listing removed | $235,000$77/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 1/18/2013 | Listed for sale | $235,000+410.9%$77/sqft |
Source: Emerson REALTORS� #71473409 Report a problem | ||
| 10/24/2012 | Sold | $46,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,644 +11.5% | $395,600 +8.6% |
| 2024 | $4,166 +7.2% | $364,200 +13% |
| 2023 | $3,888 +0.3% | $322,400 +9.4% |
| 2022 | $3,877 +16.5% | $294,600 +24.3% |
| 2021 | $3,329 +5.1% | $237,100 +5.7% |
| 2020 | $3,167 +6.8% | $224,300 +4.9% |
| 2019 | $2,965 +19.6% | $213,900 +15.7% |
| 2018 | $2,480 -2.9% | $184,800 +1.1% |
| 2017 | $2,554 +83.7% | $182,700 +87.8% |
| 2016 | $1,390 -2% | $97,300 -6.3% |
| 2015 | $1,419 +4% | $103,800 |
| 2014 | $1,365 +2.9% | $103,800 |
| 2013 | $1,326 -32.8% | $103,800 -35.4% |
| 2012 | $1,973 +1.9% | $160,700 -8.1% |
| 2011 | $1,936 -1.5% | $174,900 -12.6% |
| 2010 | $1,966 -5.3% | $200,200 -15.6% |
| 2009 | $2,076 +12.5% | $237,300 +1.8% |
| 2008 | $1,845 +2.5% | $233,000 +0.1% |
| 2007 | $1,800 -1.5% | $232,800 +8.1% |
| 2006 | $1,828 +7.2% | $215,300 +9.8% |
| 2005 | $1,705 +13.7% | $196,000 +9.9% |
| 2004 | $1,499 +4.1% | $178,400 +54.5% |
| 2003 | $1,440 +10.6% | $115,500 |
| 2001 | $1,302 +15.2% | $115,500 +26% |
| 2000 | $1,130 +9.4% | $91,700 -1.8% |
| 1997 | $1,033 | $93,400 |
Find assessor info on the county website
Neighborhood: 01562
Nearby schools
GreatSchools rating
- 4/10Knox Trail Junior High SchoolGrades: 5-8Distance: 0.8 mi
- 3/10David Prouty High SchoolGrades: 9-12Distance: 1 mi
- 3/10Wire Village SchoolGrades: K-4Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Wire Village
- Middle: Knox Trail
- High: David Prouty
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$597,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$597,400
- Massachusetts
- Worcester County
- Spencer
- 01562
- 50 Pleasant St
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