Active Under Contract
73 Days on market
56 Cherry St Spencer — Photo 1 of 33
Recent Drop: $19,798
$467,798$448,000
$448,000
56 Cherry St, Spencer, MA 01562
Spencer, MA 01562
Beds
5
Baths
2
SqFt
2,229
Style
Single Family
Built
1850
A Rare Large Gem with Historic features with Endless Possibilities! Nestled on a beautiful oversize lot filled with mature trees, flowering plants, and natural beauty, this one-of-a-kind HOME, offers character that’s nearly impossible to find today. Featuring timeless craftsmanship, generous living space, 5 Plus bedrooms, 2 Full baths, and a picturesque setting, this property is perfect for buyers seeking something truly special. Looking to have a bedroom on the first floor? in this large home you can make it happen. The expansive lot also offers potential for an ADU or future expansion opportunities (buyer to perform due diligence). A unique blend of history, charm, and potential—properties like this rarely come to market. Electrical service updated to 200 amp, roof aprox 15 years, updated boiler, Basement is plumbed for another bath.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$201/sqft
Local Avg (Spencer)$278/sqft
28% BelowMarket Average
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Spencer, MA.
Property Details
Financials
Original Price$467,798
Annual Taxes$5,414
Parking
Garage1
Off-Street5
Interior Specifications
Total Rooms9
FireplacesNone
FlooringWood, Tile
BasementFull
Climate & Utilities
HeatingOil
CoolingNone, Other
WaterPublic
SewerPublic Sewer
Building & Exterior
Construction--
RoofShingle
FoundationStone, Other
Zoningrd
Property & Lot
Acres0.77
SqFt Lot33,541
Lot FeaturesCorner Lot
Amenities & Appliances
Water Heater • Electric Water Heater • Solar Hot Water • Range • Dishwasher • Disposal • Refrigerator
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Second
Bedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 1
First
Living RoomDining RoomKitchenFamily Room
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstFamily Room
Lvl FirstBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl SecondBathroom 1
Lvl SecondProperty History
Price Drop
$448,000
Was $467,798
Jul 27, 2026
MLS® 73531233
Listed
$467,798
Jun 5, 2026
MLS® 73531233
Population
12,008
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$81K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
37.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,229 sq ft principal dwelling). Lot size: 33,541 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Provided By
Listing Agent: Fermin Group
Listing Office: Century 21 North East
MLS® Number: 73531233
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