37 Cherry St
Spencer, MA 01562
- 13 Beds
- 5 Baths
- 5,880 sqft (on 0.26 acres)
13 Beds
5 Baths
5,880 sqft
(on 0.26 acres)
Local Information
-- mins to
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 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!
37 Cherry St, Spencer, MA 01562 is a 13 bedroom, 5 bathroom, 5,880 sqft multi-family built in 1840. It last sold for $675,000 on Jul 28, 2025 (6% below the $719,900 asking price). It is currently off market.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 37 Cherry St
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Interior Details Basement: FullNumber of Rooms: 23 |
Beds & Baths Number of Bedrooms: 13Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 5880 Square Feet |
Appliances & Utilities Utilities: for Electric RangeAppliances: Refrigerator, OvenLaundry: Washer Hookup,Dryer HookupRefrigerator |
Heating & Cooling Heating: Hot Water,BaseboardHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Hot Water |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Insulated WindowsDoor: Insulated DoorsFlooring: Wood, Carpet, Hardwood |
Levels, Entrance, & Accessibility Number of Stories: 5Floors: Wood, Carpet, Hardwood |
View Has a ViewView: City |
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Exterior Home Features Roof: ShingleExterior: BalconyFoundation: Stone |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 8Has a GarageHas Open ParkingParking Spaces: 10Parking: Paved Drive,Off Street |
Frontage Waterfront: Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 5880 |
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Year Built Year Built: 1840 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 5+ Family - 5+ Units Up/Down |
Building Construction Materials: FrameDoes Not Include Home Warranty |
Property Information Not Included in Sale: Tenants Personal PropertyParcel Number: M:00U07 B:00086 L:00000, 1692581 |
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Price List Price: $719,900 |
Status Change & Dates Off Market Date: Fri Jun 13 2025 |
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MLS Status: Sold |
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Direction & Address City: Spencer |
School Information Elementary School: Wire VillageJr High / Middle School: Know TrailHigh School: David Prouty |
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Building Area Building Area: 5880 Square Feet |
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Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public SchoolNot Senior Community |
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Lot Area: 0.26 acres |
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Contingencies: Pending P&S |
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Rent Includes: Unit 1(Heat), Unit 2(Heat), Unit 3(Heat), Unit 4(Heat) |
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BasementMls Number: 73377329Above Grade Unfinished Area: 5880 |
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Public TransportationShoppingParkWalk/Jog TrailsLaundromatPublic School |
Last check for updates: about 2 hours ago
Listed by Lynda Hafner, (508) 942-7923
ERA Key Realty Services- Spenc, (508) 885-6336
Bought with: Candor Realty Group, (978) 710-5616, Four Points Real Estate, LLC, (888) 944-5827
Source: MLS PIN, MLS#73377329
Price History for 37 Cherry St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/28/2025 | $675,000 | Sold | MLS PIN #73377329 |
| 06/02/2025 | $719,900 | Contingent | MLS PIN #73377329 |
| 05/19/2025 | $719,900 | Listed For Sale | MLS PIN #73377329 |
Market trends in Spencer
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
—
Available listings
31
13MoM
Comparable Sales for 37 Cherry St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $474,900 | 12/19/25 | 7 | 3 | 2,983 | |
0.24 | Multi-Family Home | $525,000 | 03/06/26 | 6 | 2 | 2,790 | |
0.15 | Multi-Family Home | $487,000 | 02/21/26 | 8 | 4 | 2,440 | |
0.46 | Multi-Family Home | $589,000 | 11/25/25 | 6 | 3 | 3,067 | |
0.28 | Multi-Family Home | $485,000 | 07/21/25 | 5 | 2 | 1,880 | |
0.43 | Multi-Family Home | $385,000 | 07/25/25 | 4 | 2 | 3,296 | |
0.34 | Multi-Family Home | $625,000 | 09/17/25 | 7 | 2 | 2,600 | |
0.42 | Multi-Family Home | $475,000 | 02/20/26 | 6 | 3 | 1,987 | |
0.22 | Multi-Family Home | $505,000 | 11/21/25 | 4 | 2 | 2,082 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 37 Cherry St.
What Locals Say about Spencer
At least 58 Trulia users voted on each feature.
89 % Say car is needed
86 % Say parking is easy
74 % Say there's holiday spirit
73 % Say it's walkable to grocery stores
72 % Say it's dog friendly
71 % Say yards are well-kept
71 % Say there's wildlife
65 % Say it's walkable to restaurants
64 % Say there are sidewalks
58 % Say kids play outside
57 % Say it's quiet
51 % Say neighbors are friendly
46 % Say people would walk alone at night
42 % Say streets are well-lit
42 % Say they plan to stay for at least 5 years
15 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Off Market Homes Near 37 Cherry St
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.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

