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$5,000 BUYER CLOSING-COST CREDIT with an acceptable offer resulting in the property being under agreement by September 15, 2026!**TWO LOTS. TWO BUILDINGS.** Exceptional opportunity in desirable Cherry Valley! The property features a spacious two-family residence with generously sized units and rental income potential. The property was previously used as three units, offering potential for additional use, subject to buyer due diligence, zoning requirements, and municipal approvals.A second large barn/garage provides additional space for storage, parking, hobbies, or other uses. Expansive off-street parking and generous green space add to the property's versatility.Both parcels are included in the sale, offering the opportunity to acquire additional land and improvements in one transaction. The property is priced competitively and offers substantial potential for an investor, owner-occupant, or buyer seeking additional space and flexibility.Potential uses and development opportunities are subject to buyer due diligence, zoning requirements, and all applicable municipal approvals. Buyers are encouraged to independently verify property boundaries, permitted uses, rental potential, zoning, and other property details.Bring your vision and explore the possibilities this unique property has to offer!
More Info
Basic Information
- Gross Income $60,000
- Lot Features Sloped
- Mls StatusActive
- Parcel Number M:23D B:00000B9 L:0,1559030
- Rent Includes Unit 1(Heat, Water), Unit 2(Heat)
Tax Information
- Tax Assessed Value $429,800
- Tax Year 2026
- Taxes$4,766
School Information
- Elementary SchoolLeicester
- High SchoolLeicester
- High School Leicester
- Junior HighLeicester
Parking
- Covered Spaces 1
- Garage YN Yes
- Parking Spaces8
Rooms
- Bathroom3
- Bathrooms Total Decimal 3
- Bedrooms5
- Full Bath3
Basic Information
- List Price$564,900
- MLS Number73563738
- Modification Date09/03/2026
- Property SubTypeMulti Family
Location
- Address311 Main Street
- Building Number311
- CountyWorcester
- NeighborhoodCherry Valley
- StateMA
- StreetMain Street
- SubdivisionCherry Valley
- TownLeicester
- Zip01611
Building
- Basement
- Concrete
- Full
- Interior Entry
- Partially Finished
- Sump Pump
- Walk-Out Access
- Building Area Units Square Feet
- FoundationBlock, Stone
- Garage Spaces1
- Levels 2
- Rooms15
- Stories2
- Units2
- Utilities For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
- Year Built1860
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.24
- Frontage Length 100
Interior
- Flooring Tile
- Interior Features
- Bathroom With Tub & Shower
- Bathroom with Shower Stall
- Ceiling Fan(s)
- Dining Room
- Family Room
- Kitchen
- Laundry Room
- Living Room
- Office/Den
- Pantry
- Slider
- Sunroom
- Upgraded Cabinets
- Upgraded Countertops
- Walk-Up Attic
Exterior
- Exterior Features Balcony/Deck
Utilities
- Electric Circuit Breakers
- Heat SystemYes
- Heating Oil, Baseboard, Electric
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 2,582
- Lot Size Square Feet 10,634
- Lot Size Units Acres
- Square Feet2,582
Amenities
- Amenities
- Conservation Area
- Park
- Pool
- Private School
- Public School
- Public Transportation
- Shopping
- Appliances IncludedRange, Refrigerator
- Other AmenitiesBasement
Legal
- ZoningB
Other
- Date Listed08/14/2026
- Farm Land Area Units Square Feet
Map Location
Listed by Kris Lippi of Get Listed Realty,LLC
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