CCertihomes
280 Bridge St, Salem, MA 01970

$2,900

0 beds 1 baths Built 1900Active

About this home

Amazing Location with High pedestrian & traffic count. 1, 100+ sq ft commercial / retail building w/ small parking lot only steps to the Salem T. Formerly used as Bait & Tackle retail store. Zoning NRCC (North River Canal Corridor Neighborhood Mixed Use). Seller is negotiable to different business ideas and lease arrangements or will consider a sale. Property needs updating. Allowed by right: Artist Lofts & living space, Studio, Gallery, Trade School, Business & Professional Office (Lawyers, Accountants, Real Estate Broker, etc), Medical/Dental office, Single Family home, Retail (Convenient Store, Coffee Shop, Tourist Attraction, Gift Shop, Florist, Barber Shop / Salon, Bank, Laundromat, Liquor Store. Allowed w/ Special permit: Music, Recording, Dance studio, Light manufacturing, Brewery/Distiller/Winery w/ Tasting Room, Hotel or Inn, Social Club, Lodge, Restaurant, Bar. Tons of development planned for immediate area!

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
$430/mo

Real estate (PITI + HOA + PMI)
$25
Principal + interest$19
Property tax + insurance$5
PMI / 2nd mortgage$1
Utilities
$347
Heating + cooling$12
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$430/mo TLC
Budget$5,000/mo
Remaining after TLC$4,570/mo
Purchase price
$2,900
Down payment
$145 (5%)
Loan amount
$2,755
APR
7.2%

Quick facts

Type
BU
Style
Year built
1900
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73149993
County
Essex

Neighborhood — 01970

MetricThis ZIPCountyUSA
Population39,2106,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density4,803786
Male18,2943,127,134147,432,321
Female20,9163,317,797151,655,844
Never Married11,7661,612,88563,775,926
Married13,4262,586,314123,120,365
Separated1,771247,85712,639,686
Widowed2,455363,59415,467,586
Divorced3,344436,88823,075,029
Number Of House Hold17,1122,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age36.0437.2535.46
Median House Hold Income$50,078$57,698$48,276
Average House Hold Income$61,376$75,023$63,629
P C I$28,089$29,196$24,529
M D I$42,238$48,105$41,133
A T H E$50,149$57,083$50,898
S T R5.00%5.00%
W C J83.24%81.38%77.74%
(Zip) Code
1970

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 8/18/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.