981 Main Street, Leicester MA 01524

Leicester, MA 01524

$399,000

Est. $2,700/month

8

Beds

3

Baths

4,313

Sq Ft

$93

Price/Sq Ft

0.36

Acres

1840

Year Built

1

Garage Space

3 Family

Type

9 hours 34 minutes

Time on Market

Active Listed Jul 9, 2026 • MLS# 73547536 Copied! • Updated Jul 9, 2026

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About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Jul 9, 2026

$399,000

Original listing

Agent: Todd Lornell Office: Lornell Real Estate

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
07/09/2026	🏠 Listed for Sale	$399,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$5,785	$544,800

Financial Details

Annual Property Tax

$5,785

Tax Year 2025

Assessed Value

$544,800

Facts & Features

1 Car Garage

Home Facts

Type Residential Income

Style 3 Family

Year Built 1840

Living Area 4,313 sq ft

Lot Size 0.36 acres

Bedrooms 8

Full Baths 3

Total Rooms 11

Investment Metrics

Units 3

Unit 1 Rent — · N

Unit 2 Rent — · N

Unit 3 Rent — · N

Interior

Heating Steam, Oil

Cooling None

Flooring Wood

Appliances None

Fireplace None

Fireplaces 4

Basement None

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Balcony

Pool None

Spa None

Fencing None

Patio/Porch Porch, Patio, Covered

Parking

Garage Spaces 1

Has Garage Yes

Features Off Street, Paved

Total Spaces 11

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,785

Assessed Value $544,800

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Currently Built As Rooming House - Multifamily Redevelopment Opportunity

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Sq Ft Disclosures Currently Built as Rooming House - MultiFamily Redevelopment Opportunity

Documents None

County Worcester

Property Overview

Property Type

3 Family

Listing Type

For Sale

Year Built

1840

Bedrooms

8

Full Bathrooms

3

Living Area

4,313 sq ft

Total Rooms

11

Stories

3

Levels

3

Room Details

Other Floor

Bathroom1

Bedroom5

Bedroom4

Bedroom3

Dining Room

Kitchen

Bathroom2

Bedroom2

Living Room

Bathroom3

Master Bedroom

Office

Family Room

Master Bathroom

Interior Features

Flooring: Wood

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1840

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Brick/Mortar

Stories: 3

Heating, Cooling & Utilities

Heating: Steam, Oil

Cooling:

Hot Water: Oil

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony

Patio & Porch: Porch, Patio, Covered

Fencing:

Other Structures:

Lot Features: Corner Lot, Gentle Sloping

Road Surface: Paved

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 11

Parking Features: Off Street, Paved

Special Features

Fireplaces: 4

Fireplace Type:

Community Amenities: Public Transportation, House of Worship, Public School

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

E

Elementary Schools

3 schools

McAuley Nazareth School

1.2 mi

Grades K-08

Leicester Integrated Preschool

0.4 mi

45 students Diverse

Grades PK

C

Leicester Elementary School

0.5 mi | #626 of 824 | Score: 39.4

Improved 2 spots from last year

-18.8 below state avg

467 students Diverse

Grades K-04

M

Middle Schools

1 school

C+

Leicester Middle School

0.4 mi | #227 of 352 | Score: 38.5

Improved 4 spots from last year

-19.7 below state avg

394 students Diverse

Grades 05-08

H

High Schools

1 school

B

Leicester High School

< 0.1 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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95% Interest

Year 15

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Location

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Neighborhood

981 Main Street, Leicester MA 01524

Leicester, MA 01524

Listing Information

Listing Agent Todd Lornell

Listing Office Lornell Real Estate

Office Phone 860-305-7432

Agent MLS ID CN261455

Office MLS ID AN9393

Listing Data Updated Jul 9, 2026 4:08 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 800 - 9008 contact@bmnboston.com

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