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1003 Main Street, Leicester MA 01524

$500,000

Estimated $1,183.42/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $500,000

Total Rent: 0/year

Estimated CAP Rate: -0.89%

9 Bedrooms

4 Full Baths

4,888 SqFt

Total Parking: 16 (2 Garage)

32,670 SqFt

*Currently set up as a large single family home*1003 Main St, Leicester offers an excellent opportunity for investors, developers, or owner-occupants seeking space, flexibility, and character. Spanning approximately 4,888 sq. ft., this 9-bedroom, 4-bath property features a versatile layout ideal for multifamily conversion, co-living, group housing, or a large single-family home. Just minutes from Worcester, it benefits from strong rental demand and convenient access to amenities, employment centers, and transit. With its size, location, and redevelopment potential, 1003 Main St stands out as a prime investment in a growing market.

This home has been viewed 13 times

Last Checked: November 4th, 2025 at 7:38am (Source: MLS PIN #73449438)

Gross Income: $0

Gross Expenses: $4,472

Net Income Calc: $4,472

CAP Rate: -0.89%

Annual Expenses for 1003 Main Street, Leicester MA 01524

Total Gross Expenses (Calculated)$4,472/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,472

Annual Income & Unit Breakdown for 1003 Main Street, Leicester MA 01524

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 1003 Main Street, Leicester MA 01524

Listing ID73449438

Property TypeMulti Family / 4 Family

Price$500,000 ($102.29/SqFt)

Style4 Family - Rooming House

CityLeicester

CountyWorcester

MLS Area

Neighborhood(s)

Approximate Living Area Total4,888 SqFt

Approximate Lot Size (Acres)0.75 acres

Total Parking16 (2 Garage)

Garage Parking2 / Detached

Year Built1950

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot FeaturesSloped, Other

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 1003 Main Street, Leicester MA 01524

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 1003 Main Street, Leicester MA 01524

Real Estate Taxes$4,472

Tax Year2025

Assessed Value$380,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.89%

Location Information for 1003 Main Street, Leicester MA 01524

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 1003 Main Street, Leicester MA 01524

Agent

Name: Todd Lornell

Office

Name: Lornell Real Estate

Phone: 860-305-7432

Team Members

Payment Calculator

, Interest

Property Taxes 372.67

Principal & Interest 3080.84

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lornell Real Estate

Todd Lornell

Agent Phone

Office Phone

(860) 305-7432

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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[uffi] => Array
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                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73449438&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-11-04 07:38:19
                    [modified] => 2025-11-04 07:38:19
                )

[22] => Array
                (
                    [id] => 171366856
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73449438&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-11-04 07:38:19
                    [modified] => 2025-11-04 07:38:19
                )

[23] => Array
                (
                    [id] => 171366857
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73449438&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2025-11-04 07:38:19
                    [modified] => 2025-11-04 07:38:19
                )

[24] => Array
                (
                    [id] => 171366858
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73449438&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2025-11-04 07:38:19
                    [modified] => 2025-11-04 07:38:19
                )

[25] => Array
                (
                    [id] => 171366859
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73449438&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2025-11-04 07:38:19
                    [modified] => 2025-11-04 07:38:19
                )

)

)

EXIT