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23-25 Mechanic St

Spencer, MA 01562

6 bd 3 ba 2,418 sqft Built 1920 Lot 5,721 sqft multi_family
Most recent sale
$375,000
Apr 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 5, 2022 Sold $375,000 MLS #72940534
Feb 8, 2022 Listed $319,900 MLS #72940534

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1920
Property type
multi_family
Stories
2
Beds
6
Baths
3
Living area
2,418 sqft
Lot size
5,721 sqft
ZIP code
01562
City
Spencer
Street
Mechanic St
Coordinates
42.24272, -71.99310

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,250
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 23-25 Mechanic St last sell?
23-25 Mechanic St most recently sold on Apr 5, 2022 for $375,000.
What is the current tax assessment for 23-25 Mechanic St?
No tax-assessment history is recorded for this parcel.
When was 23-25 Mechanic St built?
23-25 Mechanic St was built in 1920.
How does 23-25 Mechanic St compare to others on Mechanic St?
We track 8 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 23-25 Mechanic St?
23-25 Mechanic St is a 6 bed, 3 bath, 2,418 sqft, 5,721 sqft lot multi_family.
Is 23-25 Mechanic St a flip candidate?
No — 23-25 Mechanic St does not appear in our flips dataset.
Is 23-25 Mechanic St a tax-appeal candidate?
No — 23-25 Mechanic St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.4%
Implied 1-yr
+25.6%
2026 Q3
$516.8K
2026 Q4
$540.2K
ZIP 01562 — Median Price History + Forecast

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