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311 Main St Cherry Valley 01611, Leicester

$590,000

For Sale

2582 SqFt

Size

5

Bedrooms

3

Bathrooms

73563738

Property Id

Property image 1
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Description

**TWO LOTS. TWO BUILDINGS. EXCEPTIONAL OPPORTUNITY IN DESIRABLE CHERRY VALLEY!** This unique property offers space, versatility, and excellent potential for an investor, owner-occupant, or buyer seeking additional room and future possibilities.The main property features a spacious two-family residence with generously sized units and strong rental income potential. The property was previously used as three units, offering additional flexibility for the new owner, subject to applicable approvals and buyer due diligence.A second large barn/garage provides valuable additional space for storage, parking, hobbies, or other potential uses. The expansive parking area offers plenty of off-street parking, while the generous green space behind the home provides room to enjoy the outdoors.**Both parcels are included in the sale**, creating a rare opportunity to acquire additional land and improvements in one transaction. The property is priced approximately **$80,000 below the estimated combined value of both parcels**, presenting an attractive opportunity for buyers looking for value and long-term potential.Conveniently located in desirable Cherry Valley, this property offers the combination of residential space, additional structures, land, parking, and flexibility that is increasingly difficult to find.Potential additional uses may be possible, subject to buyer due diligence, zoning requirements, and municipal approvals. Bring your vision and explore the possibilities this property has to offer!

Address

Address311 Main St Cherry Valley 01611 Leicester, MA
CountryUS
Property Type

Residential Income

Property Class

ResidentialProperty

Style

Multi Family

Transaction Type

Sale

Year Built

1860

Total Rooms

15

Bedrooms

5

Bathrooms (Full)

3

Square Feet

2,582 sqft

Lot Size

10,634 sqft

Heating

Oil, Baseboard, Electric

Cooling

None

Flooring

Tile

Parking

8

Total Rooms

15

Bedrooms

5

Full Bathrooms

3

Flooring

Tile

Appliances

Range, Refrigerator

Heating

Oil, Baseboard, Electric

Cooling

None

Basement

Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete

List Price

$590,000

Original Price

$590,000

Price per Sqft

$229

Annual Property Taxes

$4,766

Tax Assessment Year

2026

Monthly Tax Estimate

$397

MLS Pin© 2026 MLS Property Information Network, Inc. (MLSPIN). The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. This information was last updated on Friday, August 14, 2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Please contact Kris Lippi directly for additional information pertaining to the status and availability of properties displayed on this website.