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Attention investors! Exceptional opportunity to own a fully renovated three-family property in Cherry Valley. Extensively renovated in 2025, this property features major updates throughout, including new HVAC systems, electrical, plumbing, windows, siding, and a brand-new driveway completed approximately one month ago. All three units feature the same updated finishes and are currently rented, providing immediate rental income from day one.The property sits on an impressive 4.5-acre lot, offering plenty of space and potential for future expansion or additional development, subject to local zoning and approvals. With extensive improvements already completed, tenants in place, and additional land offering future possibilities, this is a great opportunity to add a multi-family property to your investment portfolio.Don't miss out schedule your showing today!OPEN HOUSE: Sunday, October 4 | 11:00 AM-12:30 PM

More Info

Basic Information

  • Gross Income $87,400
  • Listing Terms Other (See Remarks)
  • Mls StatusNew
  • Parcel Number M:022 B:0000A12 L:0,1556894
  • Rent Includes Unit 1(Water), Unit 2(Other (See Remarks)), Unit 3(Other (See Remarks))

Location

  • Address50 Chapel Street
  • Building Number50
  • CountyWorcester
  • NeighborhoodCherry Valley
  • StateMA
  • StreetChapel Street
  • SubdivisionCherry Valley
  • TownLeicester
  • Zip01611

Utilities

  • Cooling Ductless
  • Cooling YN Yes
  • Electric Other (See Remarks)
  • Heat SystemYes
  • Heating Ductless, Electric
  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed09/29/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $233,600
  • Tax Year 2025
  • Taxes$2,749

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms12
  • Full Bath3

Building

  • BasementWalk-Out Access, Dirt Floor, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Rooms24
  • Stories3
  • Units3
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • AmenitiesPublic Transportation, Laundromat, Public School
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement, Waterfront, Water View

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Driveway
  • Parking Spaces9

Basic Information

  • List Price$849,900
  • MLS Number73583575
  • Modification Date09/29/2026
  • Property SubType3 Family - 3 Units Up/Down

Property

  • Acreage4.5

Interior

  • Flooring Tile, Vinyl
  • Interior Features Laundry Room, Stone/Granite/Solid Counters, Bathroom With Tub, Kitchen, Living RM/Dining RM Combo

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 3,756
  • Lot Size Square Feet 196,024
  • Lot Size Units Acres
  • Square Feet3,756

Water Body

  • WaterfrontYes
  • Waterfront Features Waterfront, Pond

Map Location

Listed by Monique Oliveira of One Way Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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