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.
- Heating System:
- Steam, Oil
- Cooling System:
- No
- Parking:
- Attached
- Construction:
- Frame
- Exterior Unit Features:
- Covered Patio/deck, Rain Gutters
- Sewer:
- Public Sewer
- Style:
- Colonial
- Water:
- Public
- Disclosure:
- patio 47sq. ft an unfinished basement of 2, 035 sq ft
- Garage Parking:
- 2
- Lead Paint:
- Unknown
- Market Time:
- 4
- Parking Spaces:
- 19
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $93
- Zoning:
- R2
- Orig Price:
- $399,900
- Fireplaces:
- 4
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Leicester
- State:
- MA
- County:
- Worcester
- Postal Code:
- 01524
- Longitude:
- W72° 5' 43.7''
- Latitude:
- N42° 14' 45.6''
Residential
981 Main St, Leicester, Massachusetts
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $399,900
- Bedrooms :
- 5
- Rooms :
- 12
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 4,313 Sqft
- Year Built :
- 1840
- Lot Area :
- 0.36 Acre
- Listing ID :
- 73544035
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
