CCertihomes
119 Rear Foster St #Building #2, Peabody, MA 01960

$5,500

0 beds 2 baths 12,000 sqft Built 1840Active

About this home

6000 Square feet of potential ready to be leased. (12, 000 in total on two floors) Beautiful brick building with loading docks and elevator, completely renovated in last 10 years. 2 ADA approved bathrooms per floor. Fourth floor unit available currently with the possibility of being split up into units if required. Rents: 5000 (triple nets included) tenants pay Gas heat and Electric. Zoned: GB which is very favorable with plenty of parking, Lease terms are very flexible, Landlord/Owner is on site. Great space and ready to go. Area is growing and perfect location for easy access to Route 1, 95, and 128. Easy highway access and lots of potential. Don't miss out call for an appointment.

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
$3,130/mo

Real estate (PITI + HOA + PMI)
$2,497
Principal + interest$35
Property tax + insurance$2,460
PMI / 2nd mortgage$2
Utilities
$816
Heating + cooling$246
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$123
Car insurance + maintenance$123
Other (entertainment)
$158
$3,130/mo TLC
Budget$5,000/mo
Remaining after TLC$1,870/mo
Purchase price
$5,500
Down payment
$275 (5%)
Loan amount
$5,225
APR
7.2%

Quick facts

Type
RNT
Style
Year built
1840
Lot size
0.54 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$23,362
MLS #
73216169
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.

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MLSPIN

Listing information last refreshed 3/25/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.