44 Grove St, Leicester MA 01524
Leicester, MA 01524
$499,000
Est. $3,125/month
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Open House Schedule
29
Aug
Saturday, August 29
12:00 PM - 1:30 PM EDT
About this home
An opportunity to own, occupy and invest in Leicester! This three-family property offers flexibility from day one, with two units currently occupied and one vacant. Live in one unit while collecting rental income from the other two, or lease the vacant unit and add a three-family property to your investment portfolio. With existing income in place and opportunity to make improvements over time, the property offers potential to add value while building toward your long-term goals. A great option for a first-time multifamily buyer, experienced investor, or owner-occupant looking for a property that can work for them from the start.Sale is subject to final Probate Court approval.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 26, 2026
$499,000
Original listing
Agent: Stephanie Lachapelle Group
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/26/2026 | 🏠 Listed for Sale | $499,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,822 | $409,700 |
Financial Details
Annual Property Tax
$4,822
Tax Year 2025
Assessed Value
$409,700
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1890
Living Area
2,914 sq ft
Lot Size
0.22 acres
Stories
3
Bedrooms
4
Full Baths
3
Total Rooms
12
Investment Metrics
Units
3
Unit 1 Rent
— · N
Unit 2 Rent
$1,200/mo · Y
Unit 3 Rent
$1,200/mo · Y
Total Monthly Rent
$2,400/mo
Gross Income
$28,800
Net Operating Income
$28,800
Cap Rate
5.77%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Garage Spaces
1
Has Garage
Yes
Features
Off Street
Total Spaces
3
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,822
Assessed Value
$409,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Is Being Sold Through An Estate. Sale Is Subject To Final Probate Court Approval.solar Panels Are Leased; Buyer/buyer’s Agent To Perform Due Diligence Regarding Lease Terms And Transfer.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
4
Full Bathrooms
3
Living Area
2,914 sq ft
Total Rooms
12
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,914 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Foundation:
Block, Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Oil
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
3
Parking Features:
Off Street
Nearby Schools
School District
Leicester School District local
C-
School Safety
2024-25
4.7%
Above Average
3.3%
Suspensions
3.3%
In-School
1.4%
Emergency
0.8% below state avg
Elementary Schools
3 schools
McAuley Nazareth School
1.5 mi
Grades K-08
Leicester Integrated Preschool
0.6 mi
45 students
Diverse
Grades PK
C
Leicester Elementary School
0.7 mi
|
#626 of 824
|
Score: 39.4
Improved 2 spots from last year
-18.8 below state avg
467 students
Diverse
Grades K-04
Middle Schools
1 school
C+
Leicester Middle School
0.6 mi
|
#227 of 352
|
Score: 38.5
Improved 4 spots from last year
-19.7 below state avg
394 students
Diverse
Grades 05-08
High Schools
1 school
B
Leicester High School
0.4 mi
|
#161 of 346
|
Score: 54.0
Dropped 1 spots from last year
-4.2 below state avg
388 students
Diverse
14 sports
• 674 athletes
Strong AP Program
Career Tech Programs
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$402
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
44 Grove St, Leicester MA 01524
Leicester, MA 01524
Listing Information
Listing Agent
Stephanie Lachapelle Group
Listing Office
Compass
Office Phone
617-752-6845
Agent MLS ID
TM361263
Office MLS ID
AN3337
Listing Data Updated
Aug 26, 2026 4:22 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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