ATTENTION INVESTORS! This spacious THREE-family property is set in a quiet neighborhood just out of town offering convenience and endless potential. With a total of 6 bedrooms,& 3 baths, this income-producing property offers reliable cash flow from long-term tenants and a vacant unit ready for market rent. The home is competitively priced, making it an excellent opportunity for investors or owner-occupants looking to generate rental income. Tenants enjoy the luxury of off street parking for all three units. Don’t miss your chance to own a solid multi-family, sporting a 2 year old roof, and an inviting outdoor space —opportunities like this are rare.
For sale
$475,000
52 Grove St, Spencer, MA 01562
6beds
1,987sqft
Est.:
3 Family - 3 Units Up/Down
Built in 1875
-- sqft lot
$484,300 Zestimate®
$239/sqft
$-- HOA
What's special
Quiet neighborhoodOff street parkingInviting outdoor space
- 54 days |
- 633 |
- 45 |
Zillow last checked: 8 hours ago
Listing updated: December 05, 2025 at 03:46pm
Listed by:
Kaitlyn Flynn 978-257-4938,
The Neighborhood Realty Group 508-459-1876
Source: MLS PIN,MLS#: 73437889
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Electric
Cooling
- Wall Unit(s)
Appliances
- Laundry: Electric Dryer Hookup
Features
- Walk-In Closet(s), Ceiling Fan(s), Living Room, Kitchen, Laundry Room, Mudroom
- Flooring: Wood, Vinyl, Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,987
- Total interior livable area: 1,987 sqft
- Finished area above ground: 1,987
Property
Parking
- Total spaces: 7
- Uncovered spaces: 7
Features
- Patio & porch: Deck - Composite, Patio
Lot
- Size: 6,420 Square Feet
- Features: Sloped
Details
- Parcel number: 1693205
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1875
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Oven, for Electric Dryer
Community & HOA
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $326,100
- Annual tax amount: $3,731
- Date on market: 10/18/2025
- Total actual rent: 3000
Estimated market value
$484,300
$460,000 - $509,000
$2,378/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Listed for sale | $475,000$239/sqft |
Source: MLS PIN #73437889 Report a problem | ||
| 10/13/2025 | Contingent | $475,000$239/sqft |
Source: MLS PIN #73437889 Report a problem | ||
| 10/1/2025 | Listed for sale | $475,000+150%$239/sqft |
Source: MLS PIN #73437889 Report a problem | ||
| 9/2/2014 | Sold | $190,000-5%$96/sqft |
Source: Public Record Report a problem | ||
| 5/28/2014 | Pending sale | $199,900$101/sqft |
Source: Properties Central Realty #71681182 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,155 +11.4% | $353,900 +8.5% |
| 2024 | $3,731 +5.1% | $326,100 +10.8% |
| 2023 | $3,550 -0.5% | $294,400 +8.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,971/mo
Principal & interest
$2318
Property taxes
$487
Home insurance
$166
Climate risks
Neighborhood: 01562
Nearby schools
GreatSchools rating
- 4/10Knox Trail Junior High SchoolGrades: 5-8Distance: 0.7 mi
- 4/10David Prouty High SchoolGrades: 9-12Distance: 0.7 mi
- 2/10Wire Village SchoolGrades: K-4Distance: 1.1 mi
- Loading
- Loading






