311 Main St
Leicester, MA 01611
$539,900 - Cherry Valley
Open Houses
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!
| Listing ID: | 73563738 |
|---|---|
| List Price: | $539,900 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi Family |
| Status: | Price Change |
| Bedrooms Total: | 5 |
| Bathrooms Full: | 3 |
| Living Area: | 2,582 |
| Tax Annual Amount: | $4,766 |
| Lot Size Square Feet: | 10,634 |
| Lot Size Acres: | 0.24 |
| City: | Leicester |
| MLS Area Major: | Cherry Valley |
| County Or Parish: | Worcester |
| Postal Code: | 01611 |
| Year Built: | 1860 |
| Number Of Units Total: | 2 |
| Appliances: | Range, Refrigerator |
| Cooling: | None |
| Flooring: | Tile |
| Heating: | Oil, Baseboard, Electric |
| Lot Features: | Sloped |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Laundry Features: | Electric Dryer Hookup, Washer Hookup |
| Foundation Details: | Block, Stone |
| Electric: | Circuit Breakers |
| Listing Contract Date: | 2026-08-14 |
| Garage?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.24 |
| Rooms Total: | 15 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete |
| Building Area Source: | Public Records |
| Community Features: | Public Transportation, Shopping, Pool, Park, Conservation Area, Private School, Public School |
| Exterior Features: | Balcony/Deck |
| Interior Features: | Laundry Room, Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Slider, Walk-Up Attic, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Family Room, Office/Den, Sunroom |
| Levels: | 2 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Parcel Number: | M:23D B:00000B9 L:0, 1559030 |
| Rent Includes: | Unit 1(Heat, Water), Unit 2(Heat) |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Zoning: | B |
| Covered Spaces: | 1 |
| Elementary School: | Leicester |
| Garage Spaces: | 1 |
| High School: | Leicester |
| Middle Or Junior School: | Leicester |
| Stories Total: | 2 |
| Year Built Source: | Public Records |
| Farm Land Area Units: | Square Feet |
| Frontage Length: | 100.00 |
| Gross Income: | $60,000 |
| Apod Available: | No |
| Certificate Number: | 000000000162989 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Heat Units: | 1 |
| Heat Zones: | 4 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $209.10 |
| Page: | 177 |
| Price Per Sqft: | $209.10 |
| Square Feet Incl Base: | No |
| Uffi: | Unknown |
| Net Operating Income: | $60,000 |
| Original List Price: | $590,000 |
| Parking Total: | 8 |
| Tax Assessed Value: | $429,800 |
| Tax Year: | 2026 |
| Total Actual Rent: | $5,000 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Building Area Total: | 2,582 |
| Bedrms 1: | 2 |
| Bedrms 2: | 3 |
| F Bths 1: | 1 |
| F Bths 2: | 2 |
| Hot Water: | Oil |
| Above Grade Finished Area: | 2,582 |
| Open Parking Spaces: | 7 |
| Living Area Source: | Public Record |
| Rent1: | 2,500 |
| Rent2: | 2,500 |
| Total Flrs: | 3 |
| Beachfront Flag: | No |
Listing Courtesy of: Get Listed Realty, LLC
Listing Agent: Kris Lippi
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on October 08, 2026 05:24 PM - ET
Property Last Updated: October 08, 2026 05:24 PM - ET
