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311 Main St

Cherry Valley, Leicester, MA 01611
$549,900
5 Beds
3 Baths
2,582 Living Area
  • Property Description
    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!
  • Highlights
    • Area: Cherry Valley
    • Levels: 2
    • Property Class: Residential Income
    • Stories: 2
    • Year Built: 1860
    • Heating: Oil, Baseboard, Electric
    • Parking Spots: 8
    • Property Type: Multi Family
    • Total Rooms: 15
    • Status: Active
  • Additional Details
    • Appliances: Range, Refrigerator
    • Exterior Features: Balcony/Deck
    • Foundation: Block, Stone
    • Lot Features: Sloped
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete
    • Flooring: Tile
    • 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
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: B
  • Amenities
    • Community Features: Public Transportation, Shopping, Pool, Park, Conservation Area, Private School, Public School
    • Covered Parking Spaces: 1
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $429,800
    • Tax Year: 2026
    • Total Rent: $5,000
    • Rental Fee Includes: Unit 1(Heat, Water), Unit 2(Heat)
    • Taxes: $4,766

Location

311 Main St, Leicester, MA 01611

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Get Listed Realty, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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