CCertihomes
55 & 57 Summer St.+ Lot 39 A, Bedford, MA 01730

$1,900,000

0 beds 0 baths 82 days on marketActive

About this home

EXCEPTIONAL OPPORTUNITY TO ACQUIRE 3 PARCELS of LAND CONTAINING 5.27 +/- ACRES of LAND ZONED RC RESIDENTIAL WITH A GRANDFATHERED SUB SHOP CONTAINING 3, 216 SQUARE FEET WITH 2 HALF BATHS & an enclosed unfinished Garage & an attached Greenhouse/Quonset Hut containing 1320 square feet according to assessors' estimates. The property contains 1, 896 Square Feet of net rentable space including the garage space. The Sun Valley Sub Shop was closed 10/27/23 after 45 years in business & can be re-opened under the time line of the "Grandfathered permiting" up to 2 years.. Current Zoning allows single & 2 Family Residential, agricultural, educational, religious, municipal & daycare. Many other uses by Special Permit. Convenient to Rt. 4 , 3, 62 95 & Habnscomb air force base & the major Economical Development areas of Bedford, Billerica & Lexington..The Site may be continued as a CONTRACTOR'S YARD with the Town's Approval.

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
$15,755/mo

Real estate (PITI + HOA + PMI)
$15,181
Principal + interest$8,617
Property tax + insurance$5,851
PMI / 2nd mortgage$713
Utilities
$2,154
Heating + cooling$915
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$158
$15,755/mo TLC
Budget$16,255/mo
Remaining after TLC$500/mo
Purchase price
$1,900,000
Down payment
$95,000 (5%)
Loan amount
$1,805,000
APR
4%

Quick facts

Type
Residential
Style
Year built
Lot size
5.26 ac
Stories
0
Heating
Cooling
Water
Public
HOA
Annual tax
$20,549
MLS #
73186585
County
Middlesex

At a glance

Waterfront

Home features

Community
Public TransportationShoppingMedical FacilityBike PathConservation AreaHighway AccessPublic School
Sewer
Public Sewer

Lot features

Flood Plain, Level, Wetlands, Wooded, Irregular Lot

Schools

Elementary
Davis & Lane
Middle
John Glen
High
High & Tech

Neighborhood — 01730

MetricThis ZIPCountyUSA
Population14,3766,444,931299,088,112
Population Change Since19902.00%7.00%20.00%
Population Density1,116786
Male7,2083,127,134147,432,321
Female7,1683,317,797151,655,844
Never Married2,5101,612,88563,775,926
Married7,1372,586,314123,120,365
Separated446247,85712,639,686
Widowed849363,59415,467,586
Divorced726436,88823,075,029
Number Of House Hold5,1752,431,591111,826,380
Average House Hold Size2.672.562.60
Medial Age43.3537.2535.46
Median House Hold Income$100,298$57,698$48,276
Average House Hold Income$112,385$75,023$63,629
P C I$42,635$29,196$24,529
M D I$76,947$48,105$41,133
A T H E$77,003$57,083$50,898
S T R5.00%5.00%
W C J86.52%81.38%77.74%
(Zip) Code
1730

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

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MLSPIN

Listing information last refreshed 12/11/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.