
311 Main St Leicester — Photo 1 of 29
Recent Drop: $30,100
$559,900
311 Main St, Leicester, MA 01611
Leicester, MA 01611 — Cherry Valley
Beds
5
Baths
3
SqFt
2,582
Style
Multi Family
Built
1860
$5,000 BUYER CLOSING-COST CREDIT with an acceptable offer resulting in the property being under agreement by September 15, 2026!**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!
Market Value Analysis
* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Leicester, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Park • Conservation Area • Private School
Geography
Property History
$559,900
Was $564,900
Sep 8, 2026
MLS® 73563738
$564,900
Was $574,900
Aug 26, 2026
MLS® 73563738
$574,900
Was $590,000
Aug 24, 2026
MLS® 73563738
$590,000
Aug 14, 2026
MLS® 73563738
Population
2,299
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$110K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
17.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Kris Lippi
Listing Office: Get Listed Realty, LLC
MLS® Number: 73563738
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