CCertihomes
97 Boston Street, Salem, MA 01970

$849,900

0 beds 0 baths 3,660 sqft Built 1784Active

About this home

LOCATION! This well maintained commercial building is located in a central part of Salem, with easy access from neighboring cities and towns, adjacent to highways and public transportation. The property features two large units, the first floor has had a long term tenant and has two private bathrooms, The second floor currently has an owner occupied Salon and has one private bathroom. The building has been well maintained and features 2 heating systems by oil and centrai air, solar panels and private entrances (front and back). Parking for 11 vehicles out back is a rare find and ideal for clients and customers. Don't miss this opportunity, great for investors or owner/occupied business with many possibilities!

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
$6,137/mo

Real estate (PITI + HOA + PMI)
$5,952
Principal + interest$3,855
Property tax + insurance$1,778
PMI / 2nd mortgage$319
Utilities
$543
Heating + cooling$110
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$6,137/mo TLC
Budget$6,637/mo
Remaining after TLC$500/mo
Purchase price
$849,900
Down payment
$42,495 (5%)
Loan amount
$807,405
APR
4%

Quick facts

Type
COM
Style
Year built
1784
Lot size
0.18 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$10,400
MLS #
73198533
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.

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MLSPIN

Listing information last refreshed 2/1/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.