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Sold for $300,000 on 06/30/25
  • $300,000

    53 Chestnut St, Spencer, MA 01562

    9beds
    6,912sqft
    5+ Family - 5+ Units Up/Down
    Built in 1860
    -- sqft lot
    $300,600 Zestimate®
    $43/sqft
    $1,438 Estimated rent

    What's special

    15 residential units: (8)1br, (1)2br (6)boarding rooms; Additional commerical 1200 sft of retail/restaurant space on ground floor. Total new face and bone: Installed a strong customized roof brand new siding in July 2014; New professional restoration and fixation of the foundation and structures (Pls refer to the attached engineer documents for details). ~380k spent on the works. Just needs works to finish all the internal partitions and rehabs. But It is worth of the money and efforts. Sell AS-IS, buyer to perform own due diligence. Reduced price for quick sale, owner ran out of money to complete this project.

    Zillow last checked: 7 hours ago

    Listing updated: July 21, 2025 at 05:36am

    Listed by:

    John Zhang,

    Boston Elite Realty Group

    Bought with:

    John Zhang

    Boston Elite Realty Group

    Source: MLS PIN,MLS#: 73362674

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 18
    • Full bathrooms: 9
    • 1/2 bathrooms: 9
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 6,912
    • Total interior livable area: 6,912 sqft
    • Finished area above ground: 6,912

    Property

    Lot
    • Size: 2,660 sqft
    • Features: Corner Lot
    Details
    • Parcel number: M:00U07 B:00235 L:00000,1692729
    • Zoning: 999

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Foundation: Stone
    Condition
    • Year built: 1860

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Spencer

    HOA & financial

    Other financial information
    • Total actual rent: 10998
    Services availability
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