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Well-Maintained Three-Family Property

52 Church St, Spencer, MA 01562

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For Sale

$399,900

Three-family property with in-unit laundry and separate utilities.

Type:3 Family

Property size:

2,271 SF

Price / SF:

$176/SF

HighLights

Three Units: Ideal for investment or owner‑occupied with rental income
In‑Unit Laundry: Convenience for all tenants
Separate Utilities: Each unit has its own electric and gas meters
Well‑Sized Units: Kitchens and bedrooms offer ample space
Parking: Plenty of parking available
Convenient Location: Advantageous location

We can help!

Listing Contact

Vincent Kaba

Learn more

For Sale

$399,900

Three-family property with in-unit laundry and separate utilities.

Type:3 Family

Property size:

2,271 SF

Price / SF:

$176/SF

Added:: Apr 16, 2026
Days on Market:: 54
Last Refresh:: Apr 20 at 5:49 pm

Property Features for 52 Church St

General Information

Standard status: Active
Size: 2,271 SF
Property subtype: 3 Family

Building Details

Year Built: 1939

We can help!

Listing Contact

Vincent Kaba

Listing agent Vincent Kaba

Listing office Keller Williams Realty Evolution

Listing date Apr 16, 2026

Source Lockandkeyre

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 Keller Williams Realty Evolution

HighLights

Three Units: Ideal for investment or owner‑occupied with rental income
In‑Unit Laundry: Convenience for all tenants
Separate Utilities: Each unit has its own electric and gas meters
Well‑Sized Units: Kitchens and bedrooms offer ample space
Parking: Plenty of parking available
Convenient Location: Advantageous location

Overview

This well-maintained three-family property presents an opportunity for investment or owner occupancy. The property features a layout with two up-and-down units: one with two bedrooms and one bathroom, and the other with one bedroom and one bathroom. Additionally, there is a side-attached unit with two bedrooms and one bathroom, suitable for owner occupancy or rental income. All units include in-unit laundry facilities and have separate electric and gas meters. The kitchens and bedrooms are well-sized. The property, with a size of 2271 square feet, also offers parking and a convenient location.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$45.0k	$19.80
− Vacancy	−$1.1k	−$0.49
EGI	$43.9k	$19.31
− OpEx	−$13.2k	−$5.79
NOI	$30.7k	$13.52

2,271 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$438.6K

$383.7K – $511.7K (±1% cap)

NOI $30,699 @ 7.0% cap · market cap 7.68%

Second Best

Apartment 5plus

$381.7K

$334.0K – $445.3K (±1% cap)

NOI $26,716 @ 7.0% cap · market cap 6.68%

Theoretical Best

Office A

$775.5K

$678.6K – $904.8K (±1% cap)

NOI $54,286 @ 7.0% cap · market cap 13.57%

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

Location Intelligence

Current Use by Public Records

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Suggested Use

Location Insight

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Local Demand

City: Spencer
County: Worcester
State: Massachusetts
Longitude: -71.9966139
Latitude: 42.2405134

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For sale
Triplexes
MA
Spencer
01562
52 Church St

What type of property is this?

Triplex - Three-family property with in-unit laundry and separate utilities.

Where is this triplex located?

The property is located at 52 Church St Spencer, MA.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: Three Units: Ideal for investment or owner‑occupied with rental income; In‑Unit Laundry: Convenience for all tenants; Separate Utilities: Each unit has its own electric and gas meters