CCertihomes
227 Union St, Lynn, MA 01901

$99,000

0 beds 1 baths Built 2016Active

About this home

A full-service restaurant located in Downtown Lynn District Massachusetts. The restaurant features an authentic Venezuelancuisine menu of moderately priced "comfort", The restaurant has been operating since March 13th of 2016. It is equipped with awebsite that help customers order ahead for a pick-up, delivery or catering. Additionally, it partners with several food deliveriesapps, UberEats, Grubhub, DoorDash, Instacart and Caviar. This restaurant is the first in Lynn to establish work relationship withUber to developed UberEats in the city. The sale also includes a commercial business van that is in use for catering, deliveries andgoods purchasing. Wine and beer license included. Two weeks training is being offered.

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
$1,556/mo

Real estate (PITI + HOA + PMI)
$1,090
Principal + interest$638
Property tax + insurance$415
PMI / 2nd mortgage$37
Utilities
$548
Heating + cooling$137
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$150
Car insurance + maintenance$150
Other (entertainment)
$158
$1,556/mo TLC
Budget$5,000/mo
Remaining after TLC$3,444/mo
Purchase price
$99,000
Down payment
$4,950 (5%)
Loan amount
$94,050
APR
7.2%

Quick facts

Type
BU
Style
Year built
2016
Lot size
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73220583
County
Essex

Neighborhood — 01901

MetricThis ZIPCountyUSA
Population6,5376,444,931299,088,112
Population Change Since199024.00%7.00%20.00%
Population Density27,381786
Male3,1673,127,134147,432,321
Female3,3703,317,797151,655,844
Never Married2,1751,612,88563,775,926
Married1,4382,586,314123,120,365
Separated622247,85712,639,686
Widowed569363,59415,467,586
Divorced512436,88823,075,029
Number Of House Hold3,0422,431,591111,826,380
Average House Hold Size2.082.562.60
Medial Age36.8037.2535.46
Median House Hold Income$18,703$57,698$48,276
Average House Hold Income$26,227$75,023$63,629
P C I$13,160$29,196$24,529
M D I$17,625$48,105$41,133
A T H E$29,637$57,083$50,898
S T R5.00%5.00%
W C J76.79%81.38%77.74%
(Zip) Code
1901

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

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MLSPIN

Listing information last refreshed 4/5/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.