CCertihomes
264 South Broadway, Lawrence, MA 01843

$1,499,900

0 beds 0 baths 5,835 sqft Built 1965Active

About this home

Opportunity to own this free standing building on a corner lot on the much sought after Route 28 section of the city. An 18, 000 sf lot which is further improved by a single story brick structure offering three large overhead doors which affords itself to many configurations and uses. Unbelievable upside potential while offering a high hourly traffic count. Present floor plan consists of two large garages and office space and one retail storefront. The redevelopment of the former Ford dealer just a couple of blocks away has changed the entire landscape of this south side corridor with the development of the new Cumberland farms and Family Dollar site which offers a new retail store, gas station, market etc.

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
$9,827/mo

Real estate (PITI + HOA + PMI)
$9,796
Principal + interest$6,803
Property tax + insurance$2,431
PMI / 2nd mortgage$562
Utilities
$696
Heating + cooling$186
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$158
$9,827/mo TLC
Budget$10,327/mo
Remaining after TLC$500/mo
Purchase price
$1,499,900
Down payment
$74,995 (5%)
Loan amount
$1,424,905
APR
4%

Quick facts

Type
COM
Style
Year built
1965
Lot size
0.44 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$10,205
MLS #
73029601
County
Essex

Home features

Roof
Rubber

Neighborhood — 01843

MetricThis ZIPCountyUSA
Population24,2966,444,931299,088,112
Population Change Since19909.00%7.00%20.00%
Population Density6,721786
Male11,6983,127,134147,432,321
Female12,5983,317,797151,655,844
Never Married6,3691,612,88563,775,926
Married7,7812,586,314123,120,365
Separated1,380247,85712,639,686
Widowed1,394363,59415,467,586
Divorced1,591436,88823,075,029
Number Of House Hold8,7872,431,591111,826,380
Average House Hold Size2.742.562.60
Medial Age30.6737.2535.46
Median House Hold Income$39,255$57,698$48,276
Average House Hold Income$51,079$75,023$63,629
P C I$18,938$29,196$24,529
M D I$34,390$48,105$41,133
A T H E$44,310$57,083$50,898
S T R5.00%5.00%
W C J72.98%81.38%77.74%
(Zip) Code
1843

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 8/25/2022. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.