Lot 4 Leicester St. Auburn — Photo 1 of 1
$124,900
Investment Analysis — Lot 4 Leicester St.
Auburn, MA 01501
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01501 carries an estimated $1,390/mo in gross rent — about a 8.95% cap rate and $11,178/yr in estimated NOI at the $124,900 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
--
Style
Residential
Built
--
Rare opportunity to acquire a large buildable lot in a convenient Auburn location. Situated between and behind 160–166 Leicester Street, with additional access potential from Bryn Mawr, this parcel offers flexibility for builders, developers, or end users.Lot 4 consists of approximately 123,527 sq ft (2.84 acres) and is offered at $124,900. This expansive parcel provides exceptional depth and privacy, with potential for a variety of residential uses (buyer to perform due diligence).Additional land is available, as Lots 2 and 3 abut this parcel and may be purchased together or separately, offering expanded opportunities for those seeking a larger footprint.Conveniently located near major routes, shopping, and local amenities, while still offering a private, tucked-away setting. A great opportunity in a desirable Auburn location.
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 MLS and other third-party data may be inaccurate or out of date.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
Geography
Listing Agent: Mulryan And Maher Group
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73503737
