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
For sale
$849,900
50 Chapel St, Cherry Valley, MA 01611
12beds
3,756sqft
3 Family - 3 Units Up/Down
Built in 1900
-- sqft lot
$822,200 Zestimate®
$226/sqft
$-- HOA
What's special
New hvac systemsBrand-new driveway
- 2 days
- 149
- 19
Zillow last checked:
Listing updated:
Listed by:
Monique Oliveira 774-420-6174,
One Way Realty 508-934-9862
Source: MLS PIN,MLS#: 73583575
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Ductless, Electric
Cooling
- Ductless
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Features
- Laundry Room, Stone/Granite/Solid Counters, Bathroom With Tub, Kitchen, Living RM/Dining RM Combo
- Flooring: Tile, Vinyl
- Windows: Insulated Windows
- Basement: Walk-Out Access,Dirt Floor,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,756
- Total interior livable area: 3,756 sqft
- Finished area above ground: 3,756
Property
Parking
- Total spaces: 9
- Parking features: Paved Drive, Off Street, Driveway
- Uncovered spaces: 9
Features
- Has view: Yes
- View description: Water, Pond
- Has water view: Yes
- Water view: Pond,Water
- Waterfront features: Waterfront, Pond
Lot
- Size: 4.5 Acres
Details
- Parcel number: M:022 B:0000A12 L:0,1556894
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Laundromat, Public School
Location
- Region: Cherry Valley
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $233,600
- Annual tax amount: $2,749
- Date on market: 9/28/2026
- Listing terms: Other (See Remarks)
- Total actual rent: 7250
Estimated market value
$822,200
$781,000 - $863,000
$2,216/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for sale | $849,900+220.8%$226/sqft |
Source: MLS PIN #73583575 Report a problem | ||
| 10/19/2017 | Listing removed | $264,900$71/sqft |
Source: Xsell Realty, LLC/Northborough #72225234 Report a problem | ||
| 10/16/2017 | Price change | $264,900-3.6%$71/sqft |
Source: Xsell Realty, LLC/Northborough #72225234 Report a problem | ||
| 9/28/2017 | Price change | $274,900-8.4%$73/sqft |
Source: Xsell Realty, LLC/Northborough #72225234 Report a problem | ||
| 9/7/2017 | Listed for sale | $300,000+233.3%$80/sqft |
Source: Xsell Realty, LLC/Northborough #72225234 Report a problem | ||
| 6/7/1999 | Sold | $90,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,749 +8.5% | $233,600 +15.8% |
| 2024 | $2,533 +8.3% | $201,800 +10.9% |
| 2023 | $2,339 +2% | $181,900 +10.9% |
| 2022 | $2,294 -7.9% | $164,000 -0.4% |
| 2021 | $2,492 -3.8% | $164,700 -5.2% |
| 2020 | $2,590 +4.9% | $173,700 +6% |
| 2019 | $2,470 +2.7% | $163,800 +9.6% |
| 2018 | $2,404 +3.9% | $149,400 |
| 2017 | $2,313 +0.3% | $149,400 -3.4% |
| 2016 | $2,305 +2.5% | $154,700 |
| 2015 | $2,249 +0% | $154,700 |
| 2014 | $2,248 -6% | $154,700 -11.9% |
| 2013 | $2,392 +3.4% | $175,600 |
| 2012 | $2,314 +1.1% | $175,600 -4.6% |
| 2011 | $2,289 +4.7% | $184,000 -1.3% |
| 2010 | $2,186 +4.6% | $186,400 -7.3% |
| 2009 | $2,090 -0.2% | $201,000 -10% |
| 2008 | $2,095 +5.1% | $223,400 +4.3% |
| 2007 | $1,994 +2.8% | $214,200 +10.6% |
| 2006 | $1,939 +0.7% | $193,700 +5.7% |
| 2005 | $1,925 +43.8% | $183,300 +81.3% |
| 2004 | $1,339 +3.1% | $101,100 +8.9% |
| 2003 | $1,299 -12.3% | $92,800 +5.8% |
| 2001 | $1,481 +2.6% | $87,700 |
| 2000 | $1,444 +3.9% | $87,700 |
| 1999 | $1,390 | $87,700 |
Find assessor info on the county website
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