CCertihomes
56 Dodge St, Beverly, MA 01915

$1,500,000

0 beds 0 baths Built 1900Active

About this home

Investment opportunity to own a leased building with expansion opportunity. First floor fully leased with renovation ready second floor for added future income. Property was originally planned to have apartments on second level but was never built out. Second floor has two separate entrances.Real Estate only for sale, established Dental practice with a long term lease. Very visible and easy access property features sixteen (16) parking spaces, good sized lot and easy access for clients from 128, Route 62. Across from major plaza on Route 1A.

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
$41,259/mo

Real estate (PITI + HOA + PMI)
$32,530
Principal + interest$6,803
Property tax + insurance$25,164
PMI / 2nd mortgage$563
Utilities
$18,153
Heating + cooling$8,915
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$157
$41,259/mo TLC
Budget$41,759/mo
Remaining after TLC$500/mo
Purchase price
$1,500,000
Down payment
$75,000 (5%)
Loan amount
$1,425,000
APR
4%

Quick facts

Type
COM
Style
Year built
1900
Lot size
0.47 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$18,176
MLS #
73227438
County
Essex

Neighborhood — 01915

MetricThis ZIPCountyUSA
Population38,2346,444,931299,088,112
Population Change Since19906.00%7.00%20.00%
Population Density2,501786
Male18,1473,127,134147,432,321
Female20,0883,317,797151,655,844
Never Married8,4021,612,88563,775,926
Married15,5392,586,314123,120,365
Separated2,448247,85712,639,686
Widowed2,803363,59415,467,586
Divorced2,535436,88823,075,029
Number Of House Hold14,6652,431,591111,826,380
Average House Hold Size2.402.562.60
Medial Age37.5837.2535.46
Median House Hold Income$62,708$57,698$48,276
Average House Hold Income$79,282$75,023$63,629
P C I$33,342$29,196$24,529
M D I$51,956$48,105$41,133
A T H E$59,802$57,083$50,898
S T R5.00%5.00%
W C J83.23%81.38%77.74%
(Zip) Code
1915

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

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MLSPIN

Listing information last refreshed 4/23/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.