981 Main St, Leicester, MA 01524

Leicester
Local realty services provided by:Cohn & Company ERA Powered
981 Main St,Leicester, MA 01524
$399,900
  • 5 Beds
  • 3 Baths
  • 4,313 sq. ft.
  • Single family
  • Active
Listed by: patriot living group, stacey silvia
Office: lock and key realty inc.
MLS#:73544035
Source:MLSPIN

Price summary

  • Price:$399,900
  • Price per sq. ft.:$92.72

About this home

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.

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Home facts

  • Year built:1840
  • Listing ID #:73544035
  • Updated:July 06, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:12
  • Living area:4,313 sq. ft.

Heating and cooling

  • Heating:Oil, Steam

Structure and exterior

  • Roof:Shingle
  • Year built:1840
  • Building area:4,313 sq. ft.
  • Lot area:0.36 Acres
  • Lot Features:Cleared, Corner Lot, Level
  • Architectural Style:Colonial
  • Construction Materials:Frame
  • Exterior Features:Covered, Rain Gutters
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$92.72
  • Tax amount:$5,785 (2025)

Parking

  • Total parking spaces:19
  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:2
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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