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Gundersheim Group Real Estate

© 2026 Melanie Gundersheim. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 1003 Main St, Leicester, MA 01524
Active
94 Days on market
1003 Main St Leicester — Photo 1 of 42

1003 Main St Leicester — Photo 1 of 42

Recent Drop: $24,600

$374,500
$349,900

$349,900

1003 Main St, Leicester, MA 01524

Leicester, MA 01524

Beds

10

Baths

2.5

SqFt

4,888

Style

Single Family

Built

1791

Historic 2.5-story single-family offering a rare opportunity for investors, contractors, or redevelopment-minded buyers. This expansive 14-room home features generous living space, strong architectural character, and a versatile layout with potential for multifamily conversion (buyer to perform due diligence with the building department). The property also includes an oversized barn-style garage and a 9-car corner lot driveway for future possibilities. Ideal for investors with a vision for transformation, this property offers tremendous upside potential for rental income, resale, or long-term appreciation. The scale, layout, and historic charm create flexibility rarely found in today’s market. Conveniently located in the heart of Leicester, just minutes from Worcester, with easy access to local amenities, schools, and major routes. Bring your ideas and restore this unique property to its full potential!

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$72/sqft
Local Avg (Leicester)$278/sqft
74% BelowMarket Average

* Analysis is based on 19 actively listed and recently sold comparable properties strictly within Leicester, MA.

Property Details

Financials

Original Price$374,500
Annual Taxes$4,474

Parking

Garage2
Off-Street11

Interior Specifications

Total Rooms16
FireplacesNone
FlooringWood, Tile, Vinyl
BasementFull

Climate & Utilities

HeatingOil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningR2

Property & Lot

Acres0.67
SqFt Lot29,137
Lot FeaturesCorner Lot

Neighborhood

Public Transportation

Geography

Property History

Price Drop
$349,900

Was $374,500

Aug 9, 2026

MLS® 73520901

Listed
$374,500

May 18, 2026

MLS® 73520901

Expired
$600,000

Oct 25, 2024

MLS® 73270251

Listed
$600,000

Jul 27, 2024

MLS® 73270251

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)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 4,888 sq ft principal dwelling). Lot size: 29,137 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Leicester, MA market report ZIP 01524 market data
Listing Provided By

Listing Agent: Mission Impossible Team

Listing Office: United Brokers

MLS® Number: 73520901

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