Lots 2,3,4 Leicester St. Auburn — Photo 1 of 4
$324,900
Investment Analysis — Lots 2,3,4 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 2.70% cap rate and $8,778/yr in estimated NOI at the $324,900 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
--
Style
Residential
Built
--
Rare opportunity to acquire three buildable lots in a convenient Auburn location. Situated between and behind 160–166 Leicester Street, with additional access potential from Bryn Mawr, these parcels offer flexibility for builders, developers, or end users.Lot 2 consists of approximately 15,069 sq ft (0.35 acres), Lot 3 offers 73,952 sq ft (1.70 acres), and Lot 4 spans 123,527 sq ft (2.84 acres). The lots provide a unique combination of frontage, depth, and privacy, with potential for a variety of residential uses (buyer to perform due diligence).Conveniently located near major routes, shopping, and local amenities, while still offering a tucked-away setting. Whether purchased individually or as a package, this is 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 MLS and other third-party data may be inaccurate or out of date.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: 73503728
