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42 Maple St, Spencer, MA 01562

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For Sale
Sale Pending

$400,000

6 beds • 3 baths • 1,092 sqft

Estimated Payment

$ 2,258 /mo. †

6.67% APR for 30 yrs.
$2,399 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $366.30
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Contractors take notice! A 3 unit, potentially 4 unit multi-family, is ready to be completed. 2 bedrooms each unit, this property can become the passive income you were looking for to add to your portfolio. This property comes with a great lake view that can be seen from each unit. this property is located in an outdoor community that includes, hiking , canoeing , kayaking, fishing, camping, horseback ridding , & off-roading. The materials needed to complete this project is still on the floor on location waiting to be installed & completed. This property is located with in walking distance to all the amenities the town of Spencer has to offer. This multi-family is 20 minutes from the City of Worcester & 40 minutes from the City of Springfield.
MLS# 73337071

Courtesy Of RE/MAX Synergy

(508) 857-5392

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.08 Acres

Map and Directions

Directions to 42 Maple St, Spencer, MA 01562

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $2,059
  • Property Taxes
    $199
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,258

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Wire Village School

Grades KG-4 Public School

Spencer, MA 01562 1.5 miles
60 paxton rd

437 total students
13:1 Student teacher ratio

School Rating: D

School Details

Knox Trail Middle School

Grades 5-8 Public School

Spencer, MA 01562 0.4 miles
73 ash st

405 total students
14:1 Student teacher ratio

School Rating: C-

School Details

David Prouty High School

Grades 9-12 Public School

Spencer, MA 01562 1 miles
302 main st

298 total students
11:1 Student teacher ratio

School Rating: D+

School Details
Other Nearby Schools Distance Type Grades School Rating
East Brookfield Elementary School 2.4 miles Public PK-6
Leicester Elementary School 4.4 miles Public KG-4 D+
Leicester High School 4.5 miles Public 9-12 B-
Leicester Integrated Preschool 4.5 miles Public PK
Leicester Middle School 4.5 miles Public 5-8 D+
Valley View School 5.1 miles Private 5-11
North Brookfield High School 5.1 miles Public 7-12 D-
North Brookfield Elementary School 5.2 miles Public PK-6 C-
Paxton Center School 5.7 miles Public KG-8 B-

East Brookfield Elementary School

Distance: 2.4 miles

Type Public

Grades: PK-6

Leicester Elementary School

Distance: 4.4 miles

Type Public

Grades: KG-4

D+

Leicester High School

Distance: 4.5 miles

Type Public

Grades: 9-12

B-

Leicester Integrated Preschool

Distance: 4.5 miles

Type Public

Grades: PK

Leicester Middle School

Distance: 4.5 miles

Type Public

Grades: 5-8

D+

Valley View School

Distance: 5.1 miles

Type Private

Grades: 5-11

North Brookfield High School

Distance: 5.1 miles

Type Public

Grades: 7-12

D-

North Brookfield Elementary School

Distance: 5.2 miles

Type Public

Grades: PK-6

C-

Paxton Center School

Distance: 5.7 miles

Type Public

Grades: KG-8

B-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Spencer, MA 01562

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Spencer, MA 01562

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are above the national average.

80° July
Hottest Average Month
13° January
Coldest Average Month
5,069 Total Households in Area
-1.2% Increase in population since the year 2010
23.4%
of households
have children
33 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Spencer, MA 01562

Spencer, MA 01562 has a population of 11,840 people in 5,069 households with a median age of 48.7 years old.

-1.2%
Decrease in population
since the year 2010
Population is Trending down
5,118
Total households as of 2010
4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 48.7 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 86%
Hispanic 8%
Other 3%
Black 2%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 86%, followed by Hispanic at 8%, Other at 3%, and Black at 2%.

Economics
for Spencer, MA 01562

348 /sq mi
Population Density
$71,492 /yr
Median Household Income
$440,000
Median Sales Price
33 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.11% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 9%
  • Public Transit 2%
  • Walk or Bike 1%

Occupancy by Type

Owned 3,286 60%
Rented 1,783 33%
Vacant 384 7%

White vs Blue Collar Jobs







White Collar 69%
Blue Collar 31%

Family & Education Facts
for Spencer, MA 01562

48.7 Median Age

Average Household Size

2.3
persons per
household

51.2%

Married Households

Community Population By Education

High School Graduate 40%
Some College 23%
Bachelors Degree 14%
Graduate Degree 9%
Associates Degree 7%
Some High School 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 40.33% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
23.4% of households have children

Weather
for Spencer, MA 01562

The weather for this area ranges from a high of 80° F in July to a low of 13° F in January

80° July
Hottest Average Month
13° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
32°
Feb
14°
34°
Mar
23°
43°
Apr
34°
55°
May
43°
67°
Jun
53°
76°
Jul
58°
80°
Aug
56°
78°
Sep
48°
71°
Oct
37°
60°
Nov
30°
48°
Dec
18°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Spencer, MA 01562!
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Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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