981 Main St, Leicester, MA 01524
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$499,900
Type: 5+ Residential
Lease Type N/A
SQFT: N/A
N/A Restrooms
Parking: N/A

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.

Property Details tap to expand

Property Information

  • Type: 5+ Residential
  • Location: Legal Non-Conforming
  • MLS ID#: 73522856

Financial

  • Gross Annual Income: 145200

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/26/2026Active$499,900MLSPIN
05/22/2026New$499,900MLSPIN
05/13/2025Canceled$399,900$109MLSPIN
04/21/2025Active$399,900$109MLSPIN
04/17/2025New$399,900$109MLSPIN
02/01/2025Expired$450,000$122MLSPIN
11/20/2024Active$450,000$122MLSPIN
11/16/2024Price Change$450,000$122MLSPIN
09/24/2024Active$500,000$136MLSPIN
09/20/2024New$500,000$136MLSPIN
07/17/2024Killed$324,900$75MLSPIN
07/17/2024Killed$324,900$75MLSPIN
07/16/2024Sold$312,000$72MLSPIN
07/16/2024Sold$312,000$72MLSPIN
06/21/2024Under Agreement$324,900$75MLSPIN
06/21/2024Under Agreement$324,900$75MLSPIN
06/07/2024Contingent$324,900$75MLSPIN
06/07/2024Contingent$324,900$75MLSPIN
06/04/2024Active$324,900$75MLSPIN
06/04/2024Active$324,900$75MLSPIN
05/31/2024Price Change$324,900$75MLSPIN
05/31/2024Price Change$324,900$75MLSPIN
05/20/2024Active$334,900$78MLSPIN
05/20/2024Active$334,900$78MLSPIN
05/16/2024Price Change$334,900$78MLSPIN
05/16/2024Price Change$334,900$78MLSPIN
04/23/2024Active$339,900$79MLSPIN
04/23/2024Active$339,900$79MLSPIN
04/19/2024Price Change$339,900$79MLSPIN
04/19/2024Price Change$339,900$79MLSPIN
04/18/2024New$299,900$70MLSPIN
04/18/2024New$299,900$70MLSPIN
03/20/2024Expired$359,900$83MLSPIN
03/20/2024Expired$359,900$83MLSPIN
02/20/2024Active$359,900$83MLSPIN
02/20/2024Active$359,900$83MLSPIN
02/16/2024Extended$359,900$83MLSPIN
02/16/2024Extended$359,900$83MLSPIN
02/10/2024Active$359,900$83MLSPIN
02/06/2024New$359,900$83MLSPIN
01/21/2024Active$359,900$83MLSPIN
01/17/2024New$359,900$83MLSPIN

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Seller's Representative: Patriot Living Group, Lock and Key Realty Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2026-05-26 03:05:00

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