1003 Main St - Dormitory FOR SALE


Leicester, MA 01524
$500,000 USD
774-230-3634
1003 Main St, Leicester, MA for Sale
$500,000 USD
Dormitory - FOR SALE
1/30
null | Request Cap Rate

1003 Main St
Leicester, MA 01524


OVERVIEW

Formerly used as college dorms, this 4,888 SF property features 9 spacious bedrooms and offers tremendous potential for conversion into multifamily residences or group homes. With some interior renovations, this building could be transformed into a high-demand housing option. Conveniently located and recently appraised at $600,000, this is a rare chance to invest in a versatile and promising asset.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

1

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,476 SF

ZONING

R2

APN/PARCEL ID

LEIC-000020CA000010

ASK ABOUT THIS PROPERTY

Collin MulcahyLornell Real EstateMore Info
774-230-3634

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Collin MulcahyLornell Real EstateMore Info
774-230-3634

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.