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311 Main St, Leicester, MA 01611

$549,900
  • Main Photo

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Active Price Reduced $10,000 on September 9th, 2026
BEDS5 BATHS3 full SQUARE FEET2,582 MLS#73563738
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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!

311 Main St | MLS# 73563738

This multi-family property located at 311 Main St, Leicester, MA 01611 is currently listed for sale with an asking price of $549,900. Search Leicester real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete
Cooling: None
Garage: 1
Heating: Oil, Baseboard, Electric
Lot Size: 0.24 Acres
Stories: 2.0
Taxes: $4,766
Year Built: 1860

Amenities

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
Balcony/Deck

Feature Descriptions

Appliances: Range, Refrigerator
Building Area Total: 2582
Community Features: Public Transportation, Shopping, Pool, Park, Conservation Area, Private School, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 30
Dwelling Type: Multi Family
Electric: Circuit Breakers
Flooring: Tile
Frontage: 100.00
GarageY/N: Yes
HeatingY/N: 1
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Sloped
Parcel Number: M:23D B:00000B9 L:0,1559030
Parking Total: 8
Rent Includes: Unit 1(Heat, Water), Unit 2(Heat)
Rooms Total: 15
Sewer: Public Sewer
Units: 2
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water: Public

Local Schools

High School: Leicester
Middle School: Leicester
Elementary School: Leicester

Listed By / Shown By

Listed By

Agency Name: Get Listed Realty, LLC
Agent Name: Kris Lippi
Agency Phone: 860-595-2506

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Estimated Payment

$ 1,781.39 per month $1,223.84 Principal & Interest $397.17 Property Tax $160.39 Homeowner's Insurance

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