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    13 Grove St Spencer, MA 01562

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    For Sale
    $499,900

    Updated two-family home, ideal for owner-occupancy or multi-generational living.

    Lot size:
    0.27 Acres

    Property Features for 13 Grove St

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1920

    Source: ERA Key Realty Services- Spenc Agent Donna Flannery

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Two-Family Home with Yard

    This two-family home is suitable for owner-occupied investment. The spacious first-floor unit features 3 bedrooms with hardwood flooring, a large kitchen, and a living room, complemented by its own deck space. This unit is currently vacant. The second-floor unit spans two levels and includes 4 bedrooms and 2 full baths and is currently tenant-occupied on a tenant at will basis. Both units have been extensively updated by the seller. The property was primarily used for family members. The backyard is private and offers the potential to create additional parking space. Tenants are responsible for their own utilities. The property is located within walking distance of Luther Hill Park, bus stops, shopping, schools, and restaurants. It offers potential as a mortgage helper for an owner-occupant or for multi-generational living.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.9919965
    Latitude
    42.2457884

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    FAQs

    What type of property is this?
    Duplex - Updated two-family home, ideal for owner-occupancy or multi-generational living.
    Where is this duplex located?
    The property is located at 13 Grove St Spencer, MA.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: - Updated two-family home, ideal for owner-occupied investment or multi-generational living.; - Spacious 1st-floor unit with **3 bedrooms, hardwood floors, large kitchen and living room, and private deck** (vacant).; - 2nd-floor unit features 4 bedrooms and 2 full baths across two levels (tenant at will).
    (508) 885-6665
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    13 Grove St Spencer, MA 01562
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    Spencer, MA 01562
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13 Grove St Spencer, MA 01562
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