aisellshomes.space

$499,900

New

981 Main St

Leicester, MA, 01524

Commercial · MLS #73522856

Days on market

New today

Lot size

0.36 ac

0.36 acres

Lot

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.

Location

981 Main St, Leicester, MA, 01524

Property details

Parking
Paved Driveway

Listed by Patriot Living Group · Lock and Key Realty Inc.

Schedule a showing

981 Main St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$3,236 / month

Down payment20% · $99,980
Interest rate6.50%

Loan term

Principal & interest
$2,528
Property tax
$500
Home insurance
$208

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).