Multi Family Investment Properties for Sale in Spencer, MA


146- 1 Bed
- 1 Bath
- 579 sft


157- 2 Bed
- 1 Bath
- 820 sft


158- 1 Bed
- 1 Bath
- 795 sft


126- 1 Bed
- 1 Bath
- 810 sft


163- 2 Bed
- 1 Bath
- 624 sft


135- 2 Bed
- 1 Bath
- 1204 sft


151- 2 Bed
- 1 Bath
- 1204 sft


127- 2 Bed
- 1 Bath
- 660 sft


159- 2 Bed
- 2 Bath
- 784 sft


-- - Bed
- - Bath
- - sft


-- - Bed
- - Bath
- - sft


139- 2 Bed
- 1 Bath
- 1000 sft


151- 2 Bed
- 2 Bath
- 780 sft


157- 2 Bed
- 1 Bath
- 1161 sft



- 2 Bed
- 1 Bath
- 600 sft



- 2 Bed
- 1 Bath
- 900 sft


1821- - Bed
- - Bath
- - sft


180- - Bed
- - Bath
- 1382 sft


170- 2 Bed
- 1 Bath
- 541 sft


181- 2 Bed
- 2 Bath
- 740 sft



- 2 Bed
- 1 Bath
- 720 sft



- 2 Bed
- 1 Bath
- 500 sft


-- - Bed
- - Bath
- - sft



- 1 Bed
- 1 Bath
- 672 sft
Why Invest in Spencer, Massachusetts?
Investing in multi-family properties in Spencer, MA offers a balanced opportunity with strong rental demand driven by the town's steady population growth. The area's avgROI of 7.2% and cap rate near 6% reflect solid returns for investors focusing on multi-family assets. Rental yields remain competitive with an average rental yield of 5.5%, supported by an avgCashFlow of $1,100 monthly. Appreciation trends show a steady 3.8% increase annually, making Spencer a favorable market for both cash flow and capital gains.
Frequently Asked Questions
The average ROI for multi-family properties in Spencer is approximately 7.2%, reflecting solid returns supported by strong rental demand and steady appreciation.
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