311 Main St Leicester MA 01611 | MLS #73563738

311 Main St
Leicester, MA, 01611
$529,900
5 Beds
3 Baths
2,582 SqFt
0.24 Acres
$529,900
311 Main St
Leicester, MA, 01611
MLS #73563738 image #0
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

Price:
$529,900
MLS #:
73563738
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
cherryvalley
Listed Date:
Aug 14, 2026
Finished Sq Ft:
2,582
Total Sq Ft:
2,582
Lot Size:
10,634 sqft / 0.24 acres (approx)
Year Built:
1860
Units:
2
Community PoolCherry ValleyCherryvalleyLeicesterLeicesterLeicester

Schools

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

Interior

Above Grade Finished Area
2582
Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
None
Flooring
Tile
Heating
Oil, Baseboard, Electric
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
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
2

Exterior

Community Features
Public Transportation, Shopping, Pool, Park, Conservation Area, Private School, Public School
Covered Spaces
1
Exterior Features
Balcony/Deck
Garage Spaces
1
Lot Features
Sloped
Open Parking Spaces
7
Parking Spots
8
Parking Total
8
Stories
2

Financial

Net Operating Income
$60,000
Tax Year
2026
Taxes
$4,766
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Leicester as of Oct 20, 2026
6
Multi Family Listed
57
Avg DOM
209
Avg $ / SqFt
$622,283
Avg List Price

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Property Summary

    311 Main St Leicester MA is a Multi Family for sale in Leicester, MA, 01611. It is listed for $529,900 To schedule a showing of MLS#73563738 at 311 Main St in Leicester, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
311 Main St
Leicester, MA