981 Main St, Leicester, MA 01524
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981 Main St, Leicester, MA 01524
981 Main St, Leicester, MA 01524
981 Main St, Leicester, MA 01524
981 Main St, Leicester, MA 01524
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Christine Norcross

Christine Norcross

+1(781) 929-4994
$ 399,900
Est. payment /mo
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981 Main St Leicester, MA 01524

5 Beds

3 Baths

4,313 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,313 sqft

Price per Sqft $92

MLS Listing ID 73544035

Style Colonial

Bedrooms 5

Full Baths 3

HOA Y/N false

Year Built 1840

Annual Tax Amount $5,785

Tax Year 2025

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Single Family Residence

Property Description

Discover the possibilities at 981 Main St in Leicester. Built in 1840, this distinctive multi-family property blends timeless character with exceptional space and investment potential. Offering the development plan for converting this building to a cash flowing investment. The current developer has been working with the town regarding a conversion to 8 units with off street parking, presenting a rare value-add opportunity for investors and developers alike. Adding to its appeal, the property may qualify for Historic Tax Credits, creating additional upside for redevelopment and restoration. Rich with historic charm and future potential, this is a unique opportunity to reimagine a landmark property in the heart of Leicester. This town abuts Worcester and is primed for development. Property has 17 parking spots approved, asbestos remediation complete. This set up is near ready for the permitting process. Schedule your showing today.

Location

State MA

County Worcester

Zoning R2

Direction GPS Friendly

Interior

Heating Steam, Oil

Cooling None

Fireplaces Number 4

Exterior

Exterior Feature Covered Patio/Deck, Rain Gutters

Garage Spaces 2.0

Community Features Public Transportation, Laundromat, Highway Access, House of Worship, Public School

Roof Type Shingle

Total Parking Spaces 21

Garage Yes

Building

Lot Description Corner Lot, Cleared, Level

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Colonial

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Lock and Key Realty Inc.

NEARBY SCHOOLS & PROPERTIES

Christine Norcross
Christine Norcross

Agent | License ID: 9057816

+1(781) 929-4994 | christine.norcross@raveis.com

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