37 Cherry St, Spencer, MA 01562
Property image
Property image
OFF MARKET

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

  • Map ViewExplore the area around 37 Cherry St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $719,900
Status Change & Dates
Off Market Date: Fri Jun 13 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: Spencer
School Information
Elementary School: Wire VillageJr High / Middle School: Know TrailHigh School: David Prouty

Building

Building Area
Building Area: 5880 Square Feet

Community

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public SchoolNot Senior Community

Lot Information

Lot Area: 0.26 acres

Offer

Contingencies: Pending P&S

Rental Terms, Policies & Fees

Rent Includes: Unit 1(Heat), Unit 2(Heat), Unit 3(Heat), Unit 4(Heat)

Miscellaneous

BasementMls Number: 73377329Above Grade Unfinished Area: 5880

Additional Information

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

DatePriceEventSource
07/28/2025$675,000Sold
MLS PIN #73377329
06/02/2025$719,900ContingentMLS PIN #73377329
05/19/2025$719,900Listed For SaleMLS PIN #73377329

Market trends in Spencer

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
31
13
MoM
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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

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Assigned Schools

These are the assigned schools for 37 Cherry St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Amy Laythe
    "I live here for 6 years and never had a problem. Pet friendly, quiet place and not many crimes. Nice neighbors, some parks in the area. "
  • Sean
    "No dog park, but there are many trails located throughout the community. Everyone seems to o ice by the leash law "
  • Joshua Ryder
    "Labor Day weekend is the Spencer fair. Lots of fun. Tons of games and rides. Demolition derby. Tractor pulls. Fruit and vegetable contest. Photo contest. "
  • Stephanie Eliza Najemy
    "Privacy, semi-woodsy & everything you need is close together. Quiet & suburban. Up & coming local businesses as well"
  • Amy Laythe
    "Needs a park for pets and children. The Landscape all around needs to be properly cleaned and well maintain"
  • Tiana M.
    "The Spencer Fair and Art Festival and Yard Sales and Dairy Queen make my neighborhood special and it’s close to city so that’s cool too"
  • Janirys T.
    "Dog friendly and very clean in and around the area. Most days someone is walking their dog around the neighborhood."
  • Laura.robidoux
    "It's a great town/community. They should bring back the town pardes and orgnized Town Pride cleanup teams."
  • Conner S.
    "What make my neighborhood unique is all the beautiful farm land and happy townsfolk. I LOVE my countryside Spencer!"
  • Jessica S.
    "it's very family friendly especially for being so close to Worcester and it is very well maintained "
  • Dtothebrown
    "Only been here 2 years but at least on the side I live on its very safe and friendly. I’ve heard the other side might not be as good. "
  • Nikitenkoranna
    "great access to the city. subways n airport and great schedule, food bank s and other stuff. banks, restaurant access. thanks. "
  • Jennifer S.
    "Spencer is okay some drama but it’s okay. Schools are okay i guess..Lot of drinkers but also lots of kids. good pizza places and mexicali and mcdonald’s and dq and donut shops "

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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.