50 Chapel St, Leicester MA 01611
Leicester, MA 01611 • Cherry Valley
$849,900
Est. $4,727/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
04
Oct
Sunday, October 4
11:00 AM - 12:30 PM EDT
About this home
Attention investors! Exceptional opportunity to own a fully renovated three-family property in Cherry Valley. Extensively renovated in 2025, this property features major updates throughout, including new HVAC systems, electrical, plumbing, windows, siding, and a brand-new driveway completed approximately one month ago. All three units feature the same updated finishes and are currently rented, providing immediate rental income from day one.The property sits on an impressive 4.5-acre lot, offering plenty of space and potential for future expansion or additional development, subject to local zoning and approvals. With extensive improvements already completed, tenants in place, and additional land offering future possibilities, this is a great opportunity to add a multi-family property to your investment portfolio.Don’t miss out schedule your showing today!OPEN HOUSE: Sunday, October 4 | 11:00 AM–12:30 PM
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Public Records & Permits
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 29, 2026
$849,900
Original listing
Agent: Monique Oliveira
Office: One Way Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/29/2026 | 🏠 Listed for Sale | $849,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $2,749 | $233,600 |
Financial Details
Annual Property Tax
$2,749
Tax Year 2025
Assessed Value
$233,600
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
3,756 sq ft
Lot Size
4.50 acres
Stories
3
Bedrooms
12
Full Baths
3
Total Rooms
24
Investment Metrics
Units
3
Unit 1 Rent
$2,450/mo · Y
Unit 2 Rent
$2,400/mo · Y
Unit 3 Rent
$2,400/mo · Y
Total Monthly Rent
$7,250/mo
Gross Income
$87,400
Net Operating Income
$87,000
Cap Rate
10.24%
Interior
Heating
Ductless, Electric
Cooling
Ductless
Flooring
Tile, Vinyl
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Walk-out Access, Dirt Floor, Concrete, Unfinished
Laundry
None
Features
Laundry Room, Stone/granite/solid Counters, Bathroom With Tub, Kitchen, Living Rm/dining Rm Combo
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street, Driveway
Total Spaces
9
Utilities
Electric
Other (see Remarks)
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$2,749
Assessed Value
$233,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Listing Agent Owns A % Of The Home. Sellers Has Never Lived In The Home, Buyer Or Buyer’s Agent To Do Your Own Diligence. Home Is Being Sold As Is. Water & Sewage Is Paid By Sellers, Tenant Pays For Hw & Electricity.
Additional Details
Possession
None
Accepted Financing
Other (see Remarks)
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
12
Full Bathrooms
3
Living Area
3,756 sq ft
Total Rooms
24
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,756 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Vinyl
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Laundry Room, Stone/Granite/Solid Counters, Bathroom With Tub, Kitchen, Living RM/Dining RM Combo
Windows:
Insulated Windows
Basement:
Walk-Out Access, Dirt Floor, Concrete, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Ductless, Electric
Cooling:
Ductless
Hot Water:
Electric, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
9
Parking Features:
Paved Drive, Off Street, Driveway
Special Features
Waterfront:
Yes
Waterfront Type:
Waterfront, Pond
Community Amenities:
Public Transportation, Laundromat, Public School
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$229
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Cherry Valley
50 Chapel St, Leicester MA 01611
Leicester, MA 01611
Listing Information
Listing Agent
Monique Oliveira
Listing Office
One Way Realty
Office Phone
508-934-9862
Agent MLS ID
CN259039
Office MLS ID
AN3452
Listing Data Updated
Sep 28, 2026 8:55 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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