5-9 Family at 9-11 Maple St, Spencer MA 01562
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42 photos

$1,500,000

9-11 Maple St, Spencer MA 01562
Spencer, MA 01562
Listed by Jim Black Group
Bedrooms
12
Bathrooms
11
Living area
8,432 sqft
Year built
1893

About this home

Cash-flowing, fully occupied 11-unit investment opportunities like this rarely hit the market in Spencer! 9-11 Maple St offers strong in-place income with additional upside potential, making it an attractive addition to any investment portfolio. This multi-family package features two buildings with a desirable mix of ten 1-bedroom units and one 2-bedroom unit, providing broad tenant appeal and consistent rental demand. Tenants enjoy ample off-street parking and shared on-site laundry, while investors will appreciate the steady cash flow, strong occupancy, and opportunity for future rent growth. The property’s central location helps support long-term tenant retention with convenient access to local shops, restaurants, and everyday amenities. Whether you're looking to expand your portfolio, add a high-performing asset to your holdings, or capitalize on future value-add potential, this rare Spencer multi-family presents an outstanding opportunity. Don't miss out on this rare opportunity!

Property details

MLS
MLS Property Information Network
MLS #
73521092
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
154
On market date
May 19, 2026
Stories
5
Total bathrooms
11
Garage spaces
N/A
Parking spaces
11
Lot size
0.76 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Wire Village School
1.4 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
417
Student:teacher ratio
13.0:1
District
Spencer-E Brookfield
Middle
Knox Trail Middle School
0.42 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
408
Student:teacher ratio
13.6:1
District
Spencer-E Brookfield
High
David Prouty High
0.89 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
343
Student:teacher ratio
14.3:1
District
Spencer-E Brookfield

Walkability

Blended score for Spencer's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

65
Walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Google Places amenity density
75 / 100
Restaurants & cafes8
Grocery stores2
Parks3
Schools4
Transit stops8
Pharmacies1

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$9,183/mo
$300,000 down
$1,200,000 loan
Principal & interest$7,783
Property tax (est.)$1,250
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.