CCertihomes
1596 Gar Highway, Swansea, MA 02777

$999,900

0 beds 3 baths 4,331 sqft Built 1930Active

About this home

Five units, A car dealership license for 25 vehicles, for sales of automobiles, autos, trucks on a lot of 21, 780 sq ft with 188 foot frontage on busy route 6, with a 270 sq. ft. sales office.and a half bath. There are two single family homes, a 3 bedroom, 1.5 bath, 1, 595 sq ft Colonial and a 2 bedroom, 1 bath, 966 sq ft Ranch with a patio. There's also a 30 x 40 ft garage with two rent-able bays, each with a car lift. See attached for the plot plan and projected income and expenses. Currently all five units are owner occupied and used by the two brother owners. Route 6 has experienced many new developments in the last few years and traffic is increasing. 15 minutes from Providence or Fall River, 25 minutes to Boston. This property is close to route 24, route 195 and the Swansea Mall which is being redeveloped. Ernie Boch Jr recently bought Pleasure Island in Swansea. GAR Highway (Route 6) in Swansea is becoming the new AUTO MILE times 2 (It's 2 miles long). A 1031 exchange is ok.

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
$6,610/mo

Real estate (PITI + HOA + PMI)
$6,461
Principal + interest$4,535
Property tax + insurance$1,551
PMI / 2nd mortgage$375
Utilities
$623
Heating + cooling$150
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$109
Car insurance + maintenance$109
Other (entertainment)
$157
$6,610/mo TLC
Budget$7,110/mo
Remaining after TLC$500/mo
Purchase price
$999,900
Down payment
$49,995 (5%)
Loan amount
$949,905
APR
4%

Quick facts

Type
COM
Style
Year built
1930
Lot size
0.5 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$5,733
MLS #
73126213
County
Bristol

Home features

Roof
Shingle

Neighborhood — 02777

MetricThis ZIPCountyUSA
Population20,1786,444,931299,088,112
Population Change Since199011.00%7.00%20.00%
Population Density716786
Male9,9443,127,134147,432,321
Female10,1763,317,797151,655,844
Never Married3,7561,612,88563,775,926
Married10,3722,586,314123,120,365
Separated359247,85712,639,686
Widowed1,074363,59415,467,586
Divorced1,194436,88823,075,029
Number Of House Hold7,3442,431,591111,826,380
Average House Hold Size2.722.562.60
Medial Age40.7537.2535.46
Median House Hold Income$63,601$57,698$48,276
Average House Hold Income$72,964$75,023$63,629
P C I$27,050$29,196$24,529
M D I$52,618$48,105$41,133
A T H E$56,644$57,083$50,898
S T R5.00%5.00%
W C J82.45%81.38%77.74%
(Zip) Code
2777

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

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Listing information last refreshed 6/17/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.