Valerie Post

Broker, Private Office, License Partner

GET MORE INFORMATION

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 675,000

$ 719,900 6.2%

Est. payment -/mo

Sold on 07/28/2025

37 Cherry St Spencer, MA 01562

13 Beds

5 Baths

5,880 SqFt

UPDATED:

Key Details

Sold Price $675,000

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 5,880 sqft

Price per Sqft $114

MLS Listing ID 73377329

Sold Date 07/28/25

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 Thurs 5/29 530 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 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 5

Foundation Stone

Sewer Public Sewer

Water Public

Schools

Elementary Schools Wire Village

Middle Schools Know Trail

High Schools David Prouty

Others

Senior Community false

Listed by ERA Key Realty Services- Spenc
Bought with Candor Realty Group • Four Points Real Estate, LLC

Valerie Post

Broker, Private Office, License Partner

+1(617) 908-4000

GET MORE INFORMATION