981 Main St
Leicester, MA 01524

$499,900

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Listing Details

$499,900
MLS# 73522856
Type Commercial - Investment
Status Active

0.365 acres
Lot Size
1840
Year Built

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Listed By

Agency Name: Lock and Key Realty Inc.
Agent Name: Patriot Living Group
Agency Phone: 413-282-8080

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

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...read more

Features

$5,785 Taxes
Built in 1840

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