CCertihomes
393 Main St, Medford, MA 02155

$3,995,000

0 beds 0 baths Built 1950Active

About this home

Opportunity for commercial or residential development in a high traffic district. Large single story building located near the corner of Main Street and Harvard Street in Medford. The property is currently used as two storefronts. Close proximity to the MBTA Green Line and 1/2 mile to Route 93. Zoning is Commercial (C-1) with opportunities for redevelopment/construction. First floor of 6, 903 square feet and basement of 4, 797 square feet. Lot size of 7, 676 square feet.

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
$26,644/mo

Real estate (PITI + HOA + PMI)
$26,813
Principal + interest$18,119
Property tax + insurance$7,196
PMI / 2nd mortgage$1,498
Utilities
$2,156
Heating + cooling$916
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$147
Car insurance + maintenance$147
Other (entertainment)
$158
$26,644/mo TLC
Budget$27,144/mo
Remaining after TLC$500/mo
Purchase price
$3,995,000
Down payment
$199,750 (5%)
Loan amount
$3,795,250
APR
4%

Quick facts

Type
COM
Style
Year built
1950
Lot size
0.18 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$19,104
MLS #
73217775
County
Middlesex

Neighborhood — 02155

MetricThis ZIPCountyUSA
Population54,2126,444,931299,088,112
Population Change Since1990-3.00%7.00%20.00%
Population Density6,637786
Male25,6833,127,134147,432,321
Female28,5293,317,797151,655,844
Never Married17,1261,612,88563,775,926
Married20,1302,586,314123,120,365
Separated1,776247,85712,639,686
Widowed3,799363,59415,467,586
Divorced3,299436,88823,075,029
Number Of House Hold21,8732,431,591111,826,380
Average House Hold Size2.422.562.60
Medial Age38.6237.2535.46
Median House Hold Income$58,761$57,698$48,276
Average House Hold Income$68,303$75,023$63,629
P C I$27,854$29,196$24,529
M D I$48,798$48,105$41,133
A T H E$53,922$57,083$50,898
S T R5.00%5.00%
W C J79.54%81.38%77.74%
(Zip) Code
2155

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

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MLSPIN

Listing information last refreshed 3/30/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.