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You are here:
Home Massachusetts Spencer Multi-Family Homes for Sale

37 Cherry St Spencer, MA 01562

$719,900
5 Unit
13 Beds
5 Baths
5880 SQFT
0.26 Acre
37 Cherry St
Spencer, MA 01562

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 inc...

Property Overview

Mortgage Calculator

Monthly Breakdown (Show Total)
$4,000.00/Mo91.0%9.0%005001000150020002500300035004000Principal & InterestProperty TaxPMIMonthly HOAHomeowner's Insurance
Principal & Interest:$3,640
Property Tax:$360
PMI:$0
Monthly HOA:$0
Homeowner's Insurance:$0
Monthly Payment: $4,000

Home Value : $

Down Payment : $143980 - %

Interest Rate (%) : %

Mortgage Term : Years

Start After : Month

Annual Property Tax : %

Homeowner's Insurance : $

Monthly HOA : $

PMI : %

View Breakdown

Map & Resources

Knox Trail Middle School

Public Middle School, Grades: 5-8

0.36mi

Lake Street Elementary School

Grades: 1-6

0.41mi

David Prouty High School

Public Secondary School, Grades: 9-12

0.81mi

Spencer Fire Department

Fire Station

0.94mi

Spencer Police Dept

Local Police

0.92mi

Morgan Swamp

Nature Reserve

0.48mi

Morgan Swamp

Nature Reserve

0.54mi

Sibley Farm

Greater Worcester ​Land Trust Park

0.7mi

Spencer Town Center Historic District

Park

0.16mi

Prouty Park

Municipal Park

0.17mi

Luther Hill Park

Municipal Park

0.47mi

O'Gara Park

Municipal Park

0.54mi

Muzey Meadow

Recreation Ground

0.16mi

West Main Street School

Recreation Ground

0.51mi

Spencer Fish & Game Club

Recreation Ground

0.64mi

Richard Sugden Public Library

Library

0.24mi

Price Chopper

Supermarket

0.23mi

CVS Pharmacy

Pharmacy

0.19mi

Seller's Representative: Lynda Hafner, ERA Key Realty Services- Spenc
MLS ID#: 73377329

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors 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.

MLS PIN data last updated at 2025-06-02 10:26:00