311 Main St, Leicester MA 01611

Leicester, MA 01611

$525K

5 BD · 3 BA · 2,582 sf · 0.24 ac · Built 1860

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The residence

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!

At a glance

Property type: Multi Family
Status: Active
Year built: 1860
Lot size: 0.24 acres
Living area: 2,582 sf
MLS#: 159902819e41c424ac91e40485ad4e26
Beds · Baths: 5 · 3

Location

Leicester, MA.

Leicester, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+

$3K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$525K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Get Listed Realty, LLC · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 24, 2026

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