37 Cherry St, Spencer, MA 01562
- Beds
- 13
- Baths
- 5
- Sqft
- 5,880
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
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
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 13
- Number of bathrooms
- 5
- Square feet
- 5,880
- Lot size (acres)
- 0.26
- Year built
- 1840
Interior features
- Basement
- Yes
Garage and parking
- Garage parking spaces
- 2
Utilities
- Heating
- Hot water, Baseboard
- Cooling
- Window unit(s)
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Insurance
- $5,000
Taxes
- Tax Annual Amount (2025)
- $4,967
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73377329 Last checked: …
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein. Copyright © 2026 MLS Property Information Network, Inc. All Rights Reserved.