$399,900
About this home
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.
Highlights
Property details
- MLS #
- 73544035
- Property type
- Single Family Residence
- Subdivision
- N/A
- Status
- Active
- Days on market
- 90
- On market date
- July 1, 2026
- Stories
- N/A
- Total bathrooms
- 3
- Garage spaces
- 2
- Parking spaces
- 19
- Lot size
- 0.36 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 498
- Student:teacher ratio
- 15.1:1
- District
- Leicester
- Enrollment
- 412
- Student:teacher ratio
- 14.2:1
- District
- Leicester
- Enrollment
- 433
- Student:teacher ratio
- 13.1:1
- District
- Leicester
Walkability
Blended score for Leicester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 2, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.