CCertihomes
214A Middlesex Ave, Medford, MA 02155

$600,000

0 beds 1 baths Built 2007Active

About this home

Well positioned in the prime locality of Medford & conveniently situated within a short driving distance from downtown Boston, Assembly Row, & Encore Casino. This turn-key & well-established dry-cleaning business boasts over 15 years of operational success. Its unrivaled location offers unparalleled visibility & exposure to high traffic, drawing a substantial & devoted customer base from five surrounding towns, namely Malden, Everett, Chelsea, Medford, & Somerville. Owner has customized all state-of-the-art equipment, ensuring optimal efficiency, minimal operating costs, and an enviable profit margin. Each dry-cleaned item is meticulously handled in-house, individually tagged with a secure non-removal barcode. Prospective buyers can discuss detailed financial information, including annual income, operating expenses, & equipment specifications during a personalized showing. This exceptional opportunity presents the chance to acquire a thriving full plant business.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$5,867/mo

Real estate (PITI + HOA + PMI)
$5,456
Principal + interest$3,869
Property tax + insurance$1,362
PMI / 2nd mortgage$225
Utilities
$770
Heating + cooling$223
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$147
Car insurance + maintenance$147
Other (entertainment)
$158
$5,867/mo TLC
Budget$6,367/mo
Remaining after TLC$500/mo
Purchase price
$600,000
Down payment
$30,000 (5%)
Loan amount
$570,000
APR
7.2%

Quick facts

Type
BU
Style
Year built
2007
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73148374
County
Middlesex

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.

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MLSPIN

Listing information last refreshed 8/15/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.