CCertihomes
243 Mystic Ave, Medford, MA 02155

$2,449,000

0 beds 0 baths 515 days on marketActive

About this home

COMMERCIAL DEVELOPMENT OPPORTUNITY located in desirable high traffic business district minutes from Route 16 and 93 on-ramp. Formerly a one-story 5, 000 SF auto body shop/garage with 10 parking spots this 8, 200+SF lot is the perfect spot for a convenient store, gas station, automotive service, retail and/or any business benefitting from high traffic /visibility. Grow your business quickly with all the EXPOSURE this property offers! Only 5-miles from downtown Boston, Assembly Row and Encore Casino - this location is A++!!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$16,366/mo

Real estate (PITI + HOA + PMI)
$16,312
Principal + interest$11,107
Property tax + insurance$4,287
PMI / 2nd mortgage$918
Utilities
$1,442
Heating + cooling$559
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$147
Car insurance + maintenance$147
Other (entertainment)
$158
$16,366/mo TLC
Budget$16,866/mo
Remaining after TLC$500/mo
Purchase price
$2,449,000
Down payment
$122,450 (5%)
Loan amount
$2,326,550
APR
4%

Quick facts

Type
Commercial
Style
Year built
Lot size
0.19 ac
Stories
0
Heating
Cooling
Water
Public
HOA
Annual tax
$10,219
MLS #
72745986
County
Middlesex

Home features

Community
Public TransportationShoppingParkMedical FacilityLaundromatHighway AccessHouse of WorshipPublic SchoolT-Station
Sewer
Public Sewer

Lot features

Level

Neighborhood — 02155

MetricThis ZIPCountyUSA
Population54,2126,444,931299,088,112
Population Change Since1990-3.00%7.00%20.00%
Population Density6,637786
Male25,6833,127,134147,432,321
Female28,5293,317,797151,655,844
Never Married17,1261,612,88563,775,926
Married20,1302,586,314123,120,365
Separated1,776247,85712,639,686
Widowed3,799363,59415,467,586
Divorced3,299436,88823,075,029
Number Of House Hold21,8732,431,591111,826,380
Average House Hold Size2.422.562.60
Medial Age38.6237.2535.46
Median House Hold Income$58,761$57,698$48,276
Average House Hold Income$68,303$75,023$63,629
P C I$27,854$29,196$24,529
M D I$48,798$48,105$41,133
A T H E$53,922$57,083$50,898
S T R5.00%5.00%
W C J79.54%81.38%77.74%
(Zip) Code
2155

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 10/21/2020. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.