37 Cherry St new Save Request In-Person Tour Request Virtual Tour
Spencer,MA 01562
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 5,880 sqft
Price per Sqft $122
MLS Listing ID 73377329
Bedrooms 13
Full Baths 5
Year Built 1840
Annual Tax Amount $4,967
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Group showing Sat 5/24 at 1 pm Welcome investors to this high-performing five family property consisting of 2 connected buildings that is currently owner occupied, but owners apartment market value at $2200 per month. A rare and lucrative opportunity for savvy investors! Featuring a profitable mix of spacious three bedroom and two bedroom apartments, this income producing gem offers, immediate cash flow from well paying tenants and long-term value. Most units have been extensively updated interiorly, many with fresh flooring, and paint, with many beautiful hardwoods .Tenants enjoy generous layouts, abundant natural light , historical charm and details and off street parking. Exterior was recently renovated and freshly painted, almost all new windows. 3 units have their own wash/ dry hookups for added desirability. Tenants can enjoy the convenience of being within walking distance to the bus, and all the local shopping .Great storage available in the garage. Recent roof!
Location
State MA
County Worcester
Zoning RR
Direction Gps close to Rt 9 and Spencer center
Rooms
Basement Full
Interior
Interior Features Living Room,Kitchen,Dining Room
Heating Hot Water,Baseboard
Cooling Window Unit(s)
Flooring Wood,Carpet,Hardwood
Appliance Refrigerator,Oven
Laundry Washer Hookup,Dryer Hookup
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Laundromat,Public School
Utilities Available for Electric Range
Waterfront Description Beach Front,Lake/Pond,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
View Y/N Yes
View City
Roof Type Shingle
Total Parking Spaces 8
Garage Yes
Building
Lot Description Corner Lot
Story 9
Foundation Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Wire Village
Middle Schools Know Trail
High Schools David Prouty
Others
Senior Community false
Virtual Tour https://socialboost-production.s3.us-west-2.amazonaws.com/-4_cOz-o83wuuUNWVwEYiG_PsV2hOqGOfn3_0yOMi_HUs-dRji8reRA2vwMjZuDg.mp4