**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!
Center of town at Rt 56 and Rt.9 sits this antique beauty within the business zone. Currently three residential apartments with 4 garages. Large paved lot offers lots of parking. Two 1100 sf. single story units and a 2-3 bedroom townhouse attached that feels like single family living with full basement. Oversized walk up attic offers expansion options. Town water and sewer. Two new gas heating systems and hot water tanks just installed. Third furnace is oil aprox. 7 years old with new oil tank. Circuit breakers/4 meters. Brick exterior for minimal care. All apartments are well cared for and in great condition with ideal tenants. Rents are not market value due to family. No leases .One unit can be vacant at transfer for owner occupant. Main grand front entrance with curved staircase will impress your guests.
Investors, this turnkey 4-unit home in Leicester, minutes to downtown Worcester, is a must see! All units fully renovated and leased with strong tenant profile. Ideal mix of one and two bedroom units. Updated kitchens and baths, luxury vinyl plank and hardwood flooring, individually metered water and electric. New heat pump systems provide efficient heating and cooling. Tenants pay all utilities. Owner covers refuse removal, year-round grounds maintenance and master insurance. City water and city sewer. Strong cash flow in a commuter friendly location adjacent to a park and Leicester High School. Just minutes from shopping, dining, and everyday conveniences. Excellent opportunity to begin or expand your investment portfolio!
Leicester is located in Massachusetts. Leicester, Massachusetts has a population of 11,077. Leicester is less family-centric than the surrounding county with 26.94% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Leicester, Massachusetts is $83,015. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Leicester is 42.7 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 14.3 degrees. The average rainfall is approximately 48.1 inches per year, with 57 inches of snow per year.
