CCertihomes
156 Bridge Rd, Salisbury, MA 01952

$479,000

0 beds 3 baths 3,740 sqft Built 2023Active

About this home

Opportunity to build a mixed-use apartment/ retail structure to fit your precise needs. Offered is a cleared, level half-acre lot in a commercial zone on Bridge Road, (Route 1), which allows many uses by right or exception. This property has a conditional site plan approval and order of conditions to construct a 3, 740sf mixed-use building split equally between 1, 870sf retail on the first floor, and a 1, 870sf 3-bedroom apartment on the second floor, with 8 10x12 parking spaces including one ADA space. Situated on the primary route connecting Newburyport to the MA & NH seacoast. Route 1 has many neighboring commercial businesses and restaurants, and offers convenient access to Interstate Highways, and has a high traffic count of 14, 588 vehicles per day per MA DOT (2002). All information was obtained from the seller and public records, prospective buyers are encouraged to perform due diligence in all aspects of a contemplated acquisition.

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
$4,448/mo

Real estate (PITI + HOA + PMI)
$4,107
Principal + interest$3,089
Property tax + insurance$838
PMI / 2nd mortgage$180
Utilities
$613
Heating + cooling$145
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$111
Car insurance + maintenance$111
Other (entertainment)
$157
$4,448/mo TLC
Budget$5,000/mo
Remaining after TLC$552/mo
Purchase price
$479,000
Down payment
$23,950 (5%)
Loan amount
$455,050
APR
7.2%

Quick facts

Type
COM
Style
Year built
2023
Lot size
0.5 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$3,053
MLS #
73163252
County
Essex

Home features

Roof
Asphalt/Composition Shingles

Neighborhood — 01952

MetricThis ZIPCountyUSA
Population7,4796,444,931299,088,112
Population Change Since199018.00%7.00%20.00%
Population Density465786
Male3,7343,127,134147,432,321
Female3,7453,317,797151,655,844
Never Married1,6551,612,88563,775,926
Married2,9242,586,314123,120,365
Separated284247,85712,639,686
Widowed422363,59415,467,586
Divorced814436,88823,075,029
Number Of House Hold2,9592,431,591111,826,380
Average House Hold Size2.512.562.60
Medial Age39.5237.2535.46
Median House Hold Income$53,387$57,698$48,276
Average House Hold Income$60,859$75,023$63,629
P C I$24,208$29,196$24,529
M D I$44,881$48,105$41,133
A T H E$49,946$57,083$50,898
S T R5.00%5.00%
W C J72.52%81.38%77.74%
(Zip) Code
1952

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

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MLSPIN

Listing information last refreshed 9/25/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.