Seeking a new investment property to add or begin creating your portfolio? Need a garage that can fit 4 cars? This 3 family offers 3 bedrooms in each unit and little exterior maintenance, making it an excellent investment opportunity. All 3 units are rented providing consistent cash flow. Longterm tenants who pay on time. Rents are below market value so added income can be established. Located close to downtown and with plenty of off-street parking on improved driveway. Updated gas heating systems, all appliances in each unit include refrigerators, dishwashers, built in microwaves, ranges AND in unit washers & dryers. All flooring is either laminate or hardwood, newer roofs on both building and garage. Separate utilities, town water and sewer. **Vinyl Siding Being Installed on front and right side of garage before closing** #67 Chestnut Street is the abutting property and also available to purchase together with this building or separately. #67 is a 4-unit property.
Sold
$401,750
63 Chestnut St, Spencer, MA 01562
9beds
3,519sqft
3 Family - 3 Units Up/Down
Built in 1900
-- sqft lot
$434,400 Zestimate®
$114/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 10, 2024 at 12:01pm
Listed by:
Jeff Taylor,
ERA Key Realty Services - Distinctive Group
Bought with:
Eric Franszen
Cedar Wood Realty Group
Source: MLS PIN,MLS#: 73172150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Appliances
- Laundry: Washer Hookup
Features
- Flooring: Vinyl, Laminate
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,519
- Total interior livable area: 3,519 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Shared Driveway, Off Street, Paved
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Deck
- Waterfront features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Frontage length: 90.00
Lot
- Size: 6,360 sqft
- Features: Easements, Level
Details
- Parcel number: 1692835
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, Sidewalks
Location
- Region: Spencer
HOA & financial
Other financial information
- Total actual rent: 4400
Other
Other facts
- Road surface type: Paved
Services availability

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