Property Description

Rare opportunity to own a duplex-style two-family in the Cherry Valley section of Leicester, offering true side-by-side, townhouse-style living—a highly sought-after layout that feels more like two single-family homes than a traditional multi-family. Ideal for both investors and owner-occupants, this property delivers strong income potential with desirable, private living spaces in each unit. Currently fully rented with long-term tenants, providing immediate and stable income. The 3-bedroom, 2 full bath unit features a primary ensuite, an updated kitchen, and a renovated bath, along with a spacious layout that commands premium rental income. An added bonus is the finished third-floor space, perfect for a home office, playroom, or additional living area—further enhancing value and flexibility. The second unit offers 2 bedrooms and 1.5 baths, with a newer kitchen and updated finishes throughout. Roof approx. 10 years old. Furnace cleaned yearly. All units fully deleaded.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Amenities: Golf Course, House of Worship, Park, Public School, Public Transportation, Shopping, Tennis Court, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Sump Pump, Unfinished Basement
  • Common Rooms: Dining Room, Family Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Floored Attic, Lead Certification Available, Tile Floor, Walk-Up Attic
  • Common Appliances: Range, Refrigerator, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Central Heat, Electric, Electric Baseboard, Gas, Hot Air Gravity, Hot Water Baseboard, Oil, Radiant
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 49200
  • Net Operating Income: 49200

Utilities

  • Electric Info: 200 Amps, Individually Metered
  • Energy Features: Insulated Windows, Storm Doors, Storm Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1800
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73507000
  • Last Updated: 04/26/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/24/2026New$590,000$229MLSPIN

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Seller's Representative: Sandra Annunziata, S & R Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-26 15:03:00

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