For sale

$399,900

981 Main St, Leicester, MA 01524

5beds

4,313sqft

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Single Family Residence

Built in 1840

0.36 Acres Lot

$-- Zestimate^®

$93/sqft

$-- HOA

What's special

Timeless characterExceptional spaceHistoric charmOff street parking

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.

1 day

126

5

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Steam, Oil

Cooling

None

Features

Has basement: No
Number of fireplaces: 4

Interior area

Total structure area: 4,313
Total interior livable area: 4,313 sqft
Finished area above ground: 4,313

Property

Parking

Total spaces: 19
Parking features: Attached
Attached garage spaces: 2
Uncovered spaces: 17

Features

Patio & porch: Covered
Exterior features: Covered Patio/Deck, Rain Gutters

Lot

Size: 0.36 Acres
Features: Corner Lot, Cleared, Level

Details

Parcel number: M:20C B:0000A13 L:0,1558407
Zoning: R2

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence

Materials

Frame
Foundation: Brick/Mortar
Roof: Shingle

Condition

Year built: 1840

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Laundromat, Highway Access, House of Worship, Public School

HOA

Has HOA: No

Location

Region: Leicester

Financial & listing details

Price per square foot: $93/sqft
Annual tax amount: $5,785
Date on market: 7/1/2026
Listing terms: Contract

Estimated market value

Not available

Estimated sales range

Not available

$2,589/mo

Price history

Date	Event	Price
7/2/2026	Listed for sale	$399,900$93/sqft
Source: MLS PIN #73544035 Report a problem
5/13/2025	Listing removed	$399,900$93/sqft
Source: MLS PIN #73361236 Report a problem
4/17/2025	Listed for sale	$399,900-11.1%$93/sqft
Source: MLS PIN #73361236 Report a problem
2/1/2025	Listing removed	$450,000$104/sqft
Source: MLS PIN #73293194 Report a problem
11/16/2024	Price change	$450,000-10%$104/sqft
Source: MLS PIN #73293194 Report a problem
9/21/2024	Listed for sale	$500,000+60.3%$116/sqft
Source: MLS PIN #73293194 Report a problem
7/16/2024	Sold	$312,000-4%$72/sqft
Source: MLS PIN #73225874 Report a problem
6/7/2024	Contingent	$324,900$75/sqft
Source: MLS PIN #73225874 Report a problem
5/31/2024	Price change	$324,900-3%$75/sqft
Source: MLS PIN #73225874 Report a problem
5/16/2024	Price change	$334,900-1.5%$78/sqft
Source: MLS PIN #73225875 Report a problem
4/19/2024	Listed for sale	$339,900-5.6%$79/sqft
Source: MLS PIN #73225874 Report a problem
3/20/2024	Listing removed	$359,900$83/sqft
Source: MLS PIN #73194233 Report a problem
1/17/2024	Listed for sale	$359,900$83/sqft
Source: MLS PIN #73194233 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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