25 Mechanic Street

Spencer, MA 01562

$263,000
Last Sold Price
5
Beds
3
Baths
2,418 Sq. Ft.
$109 / Sq. Ft.
2,418
Sq. Ft.
$109
per Sq. Ft.

Description

Updates include concrete floor in basement with New oil tank and sewer line. Also upstairs unit electrical updated. The first unit has been remodeled ! This 3 family is a Great investment opportunity that's Self sufficient . Short distance to center of town. Easy access to RT 9 and 15 minutes to Worcester. All units have been rented for many years. Each unit has laundry hook ups . 2 New water heaters have been installed . Off street parking for 5 to 6 cars. Front porch and side roofs are new ! Rent...Updates include concrete floor in basement with New oil tank and sewer line. Also upstairs unit electrical updated. The first unit has been remodeled ! This 3 family is a Great investment opportunity that's Self sufficient . Short distance to center of town. Easy access to RT 9 and 15 minutes to Worcester. All units have been rented for many years. Each unit has laundry hook ups . 2 New water heaters have been installed . Off street parking for 5 to 6 cars. Front porch and side roofs are new ! Rent on top floor could be much higher. Call Now for a private showing !
  1. Listed by Brian Trottier • Keller Williams Realty Greater Worcester

Property Details for 25 Mechanic Street

Town
Spencer
Area
MA-Spencer
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5

Location

Listing Courtesy of Keller Williams Realty Greater Worcester, Brian Trottier

Sold By Four Points Real Estate, LLC, Candor Realty Group

Add your commute
LISTING UPDATED: 08/06/2022 07:29 AM

Property Details for 25 Mechanic Street

StatusSold
MLS #72713838
Days on Market73
Taxes$2,131 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1920
CountyWorcester County

Location

Listing Courtesy of Keller Williams Realty Greater Worcester, Brian Trottier

Sold By Four Points Real Estate, LLC, Candor Realty Group

Add your commute

Building Information for 25 Mechanic Street

Stories4Residences3Year Built1920Building Size-Lot Size0.13 AC / 5,721 SF

Payment Calculator

$1,613 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,435

Property Taxes

$178

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25 Mechanic Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: FHA
  • Living Area: 2418.0
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: first unit has a Delead Cert.
Tax Information
  • Tax ID: 1692547
  • Assessments: $150,900
  • Book: 40463
  • Tax Year: 2020
  • Zoning: multi
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Electricity: $220.00
  • GOI: $22,032.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,300.00
  • GRE: $5,400
  • HTE: $0
  • MGF: $0
  • RFS: $576
  • RME: $500
  • NOI: $25,936.00
  • Operating Expense: $5,400.00
  • WSE: $800.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,615.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 25 Mechanic Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25 Mechanic Street

Taxable ValueLand$27,100Additions$324,500Total$351,600
Tax Record2024$4,022 ($335 / month)
Home Facts
Baths3Total Finished SqFt2,418 SqFtAbove Grade Finished SqFt2,418 SqFtStories2Lot Size5,721 SqFtStyleTriplexYear Built1920CountyWORCESTERAPNSPEN M:00U07 B:00052 L:00000

Schools near 25 Mechanic Street

This home is within Spencer-E Brookfield School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Public - PK to 6
Rating
School
Distance
Knox Trail Junior High School
Public5 to 8

David Prouty High School
Public9 to 12

Wire Village School
PublicK to 4

East Brookfield Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Greater Worcester, Brian Trottier

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.