CCertihomes
48-49-49A Lowell St, Peabody, MA 01960

$2,499,000

0 beds 0 baths Built 1950Active

About this home

Unique investment opportunity with eminent potential! High visibility due to being located in a high traffic area. Three properties are being sold as a package. 49 Lowell Street (a 2-level brick office building), 49A Lowell Street (a separate and fully equipped restaurant) and located across the street 48 Lowell Street (parking lot for approx. 20 plus cars). Excellent for expansion & development with the possibility to add additional floors to the restaurant. Development potential at 48 Lowell Street parking lot. Buyer/buyer's Agent to perform your own due diligence.

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
$18,076/mo

Real estate (PITI + HOA + PMI)
$17,876
Principal + interest$11,334
Property tax + insurance$5,605
PMI / 2nd mortgage$937
Utilities
$1,820
Heating + cooling$748
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$123
Car insurance + maintenance$123
Other (entertainment)
$158
$18,076/mo TLC
Budget$18,576/mo
Remaining after TLC$500/mo
Purchase price
$2,499,000
Down payment
$124,950 (5%)
Loan amount
$2,374,050
APR
4%

Quick facts

Type
COM
Style
Year built
1950
Lot size
0.4 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$19,399
MLS #
73203165
County
Essex

Neighborhood — 01960

MetricThis ZIPCountyUSA
Population48,9266,444,931299,088,112
Population Change Since19904.00%7.00%20.00%
Population Density2,902786
Male23,6833,127,134147,432,321
Female25,2433,317,797151,655,844
Never Married10,0561,612,88563,775,926
Married22,3862,586,314123,120,365
Separated1,255247,85712,639,686
Widowed3,273363,59415,467,586
Divorced3,366436,88823,075,029
Number Of House Hold18,9592,431,591111,826,380
Average House Hold Size2.552.562.60
Medial Age40.6237.2535.46
Median House Hold Income$61,346$57,698$48,276
Average House Hold Income$68,169$75,023$63,629
P C I$27,357$29,196$24,529
M D I$50,765$48,105$41,133
A T H E$53,942$57,083$50,898
S T R5.00%5.00%
W C J79.00%81.38%77.74%
(Zip) Code
1960

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

Map & walkability

Open in Google Maps →
MLSPIN

Listing information last refreshed 2/16/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.