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11-Unit Multifamily Investment

9-11 Maple St Spencer, MA 01562

9-11 Maple St, Spencer, MA, 01562
$1,500,000
For Sale
$1,500,000

Two connected buildings offer 10 one-bedroom units and one two-bedroom unit with off-street parking and shared laundry.

Days on Market63

Property Features for 9-11 Maple St

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1893
Listing agency
Listed by Jim Black Group
Source Elliman
Added: May 20 Updated: Jul 21 at 4:01AM Checked: Jul 21 at 4:01AM

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 Jim Black Group


Investment Insights

Based on property information with market context.

This cash-flowing, fully occupied multifamily investment consists of two buildings containing 10 one-bedroom units and one two-bedroom unit. The property provides off-street parking for tenants and includes shared on-site laundry.

Located at 9-11 Maple St in Spencer, MA, the asset has walkScore of 75 (very walkable) and bikeScore of 31 (somewhat bikeable), supporting everyday accessibility for residents.

With an 11-unit unit mix that spans one- and two-bedroom needs, the building configuration is designed to serve a broad range of tenant preferences while maintaining consistent in-place occupancy.

Key Highlights

  • Built in 1893: two connected buildings with 11 total units
  • Unit mix includes 10 one‑bedroom units and 1 two‑bedroom unit
  • Fully occupied 11‑unit multi‑family with steady in‑place income

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage Law Firm HVAC Service Grocery & Convenience Store Gym & Fitness Center Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith

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

FAQs

What type of property is this?
Apartment building - Two connected buildings offer 10 one-bedroom units and one two-bedroom unit with off-street parking and shared laundry.
Where is this apartment building located?
The property is located at 9-11 Maple St Spencer, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Built in 1893: two connected buildings with 11 total units; Unit mix includes 10 one‑bedroom units and 1 two‑bedroom unit; Fully occupied 11‑unit multi‑family with steady in‑place income
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