$524,900
About this home
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!
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73563738
- Property type
- Multi Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 68
- On market date
- August 14, 2026
- Stories
- 2
- Total bathrooms
- 3
- Garage spaces
- 1
- Parking spaces
- 8
- Lot size
- 0.24 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 515
- Student:teacher ratio
- 12.6:1
- District
- Worcester
- Enrollment
- 870
- Student:teacher ratio
- 11.0:1
- District
- Worcester
- Enrollment
- 1,524
- Student:teacher ratio
- 13.9:1
- District
- Worcester
Walkability
Blended score for Leicester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Leicester, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 23 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.