See Home Value
Worcester
981 Main Street
$399,000
● Multifamily - Off Market

981 Main Street

Leicester, MA 01524
bedrooms
8 Beds
bathrooms
3 Baths
square feet
4,313 Ft²
$2,442
Est. Monthly
10.80%
Cap Rate

About This Property

Development-ready 8-bed, 3-bath single family home with exceptional multifamily conversion upside. 10 off-street parking spaces. Owner has completed preliminary town engagement and approvals pathway for multifamily redevelopment-eliminating zoning uncertainty and accelerating execution. Historic tax credit eligible. 3-minute drive to Webster Square retail/dining hub. Perfect for value-add developers seeking de-risked development opportunity in growing secondary market.
Unit Size
4,313 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$93
Property Type
Multifamily
Property Taxes
$482
HOA Dues
-
Year Built
-

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Last updated: 5 months ago (MLSPIN #73547536)

Price History

Date / Event Date Event Price
Jul 11, 2026 Withdrawn -
Withdrawn
Jul 9, 2026 Listed by Lornell Real Estate $399,000
Listed by Lornell Real Estate
Nov 29, 2023 Sold
Sold
Dec 30, 2021 Sold
Sold
Oct 16, 1998 Sold
Sold

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 25
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000689
  • Standard Land Use Code: 9203
  • County Land Use Code: 940

Neighborhood

  • School District Name: Leicester School District
  • School Tax School District: LEICESTER SD
  • Census Tract: 735100

Zoning

  • Zoning: R2

Geography

  • Parcel: LEIC M:20C B:0000A13 L:0
  • Block: A13
  • Municipality: LEICESTER
  • Latitude: 42.2458
  • Longitude: -71.9045

    Address

  • Full Address: 981 Main St
  • Address - House Number: 981
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Leicester
  • Carrier Code: C001
  • 4-Digit Zip Code: 1361
  • Zip Code: 01524

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,671,000
  • Assessed Land Value: $59,500
  • Assessed Improvements Value: $2,611,500

    Sales

  • Current Sale Contract Date: Nov 06, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99955
  • Previous Sale Recording Date: Dec 30, 2021
  • Previous Sale Contract Date: Dec 23, 2021
  • Previous Sale Amount: $17,830,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 981 Main Street built and last sold?
The property at 981 Main Street was built in and last sold on Nov 6, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 981 Main Street is $399,309.
What are some comparable homes to 981 Main Street?
There are currently no comparable homes to 981 Main Street.