Active
14 Days on market
44 Grove St Leicester — Photo 1 of 26

44 Grove St Leicester — Photo 1 of 26

$499,000

44 Grove St, Leicester, MA 01524

Leicester, MA 01524

Beds

4

Baths

3

SqFt

2,914

Style

3 Family

Built

1890

An opportunity to own, occupy and invest in Leicester! This three-family property offers flexibility from day one, with two units currently occupied and one vacant. Live in one unit while collecting rental income from the other two, or lease the vacant unit and add a three-family property to your investment portfolio. With existing income in place and opportunity to make improvements over time, the property offers potential to add value while building toward your long-term goals. A great option for a first-time multifamily buyer, experienced investor, or owner-occupant looking for a property that can work for them from the start. Sale is subject to final Probate Court approval.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$171/sqft
Local Avg (Leicester)$275/sqft
38% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Leicester, MA.

Property Details

Financials

Original Price$499,000
Annual Taxes$4,822

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock, Stone
ZoningR2

Property & Lot

Acres0.22
SqFt Lot9,522
Lot FeaturesCorner Lot

Neighborhood

Public Transportation

Geography

Population

6,327

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$102K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

7.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Stephanie Lachapelle Group

Listing Office: Compass

MLS® Number: 73568634

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