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Triplex with Off-Street Parking
New
For Sale
$320,000

26 Elm St, Spencer, MA 01562

Three-unit property with included appliances, an easy-care lot, and access to nearby shops, restaurants, and bus service.

Property Size2,940 SF
Days on Market5

Property Features for 26 Elm St

General Information

Standard status Active
Size 2,940 SF
Property subtype Investment

Additional Details

Public Transit Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,962

Building Details

Building Size 2,940 SF
Year Built 1900
Stories 3
Units 3
Listing Agency: RE/MAX Prof Associates
Listed By: Fiona Hoare · License #453011144
Source: Elliman
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 10:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Prof Associates

Investment Insights

Based on property information with market context.

Built in 1900, this triplex contains three residential units with a practical vertical layout. Unit 1 occupies the full first floor, while Units 2 and 3 are positioned on the second floor. The property includes six plus bedrooms, 3 and a half baths, and appliances. Off-street parking serves the building, and the lot is described as easy to maintain.

The property is located at 26 Elm St, just off Main Street in the Spencer town center. Shops, restaurants, and a bus route are nearby, providing access to everyday services and public transportation. The property is offered through an estate sale, and the seller has limited information regarding the asset. Financing eligibility may vary by loan program.

Key Highlights

  • Three‑unit residential property with Unit 1 on the first floor and Units 2 and 3 on the second floor
  • Six plus bedrooms and 3 and a half baths
  • Built in 1900

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Bakery Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 01562, MA

11,992
Population
5,788
Households
2.1
Avg Household Size
44
Median Age
27%
College-Educated
92%
High-School Grad
32.9 sq mi
ZIP Area
364
Density / Sq Mi
$79,086
Median Household Income
$49,131
Median Earnings
$1,085
Median Rent
$368,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with included appliances, an easy-care lot, and access to nearby shops, restaurants, and bus service.
Where is this triplex located?
The property is located at 26 Elm St Spencer, MA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Three‑unit residential property with Unit 1 on the first floor and Units 2 and 3 on the second floor; Six plus bedrooms and 3 and a half baths; Built in 1900
More about this property
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