44 Grove St Leicester — Photo 1 of 26
$499,000
Investment Analysis — 44 Grove St
Leicester, MA 01524
Based on rent reported on the MLS listing, a 3-unit multi-family in 01524 carries $2,400/mo in gross rent — about a 3.42% cap rate and $17,066/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation
Geography
Listing Agent: Stephanie Lachapelle Group
Listing Office: Compass
MLS® Number: 73568634
