CCertihomes
937 North Street, Tewksbury, MA 01876

$2,200,000

0 beds 0 baths 4 days on marketActive

About this home

DEVELOPMENT OPPORTUNITY - The Residences of 937 North Street is a proposed commercial hotel project that is approved for the occupancy of the land. However, the flexible zoning allows numerous other options for this development site including, but not limited to, an athletic facility, an office building, or a biotech/research & development center. With a first-floor footprint of 18, 417 S.F. and approximately 92, 000 S.F. of total usable area,  this contemporary building will be located at 937 North Street, Tewksbury MA 01887. The Residences of 937 North Street is a state-of-the-art 5 story 132 room hotel. Wood framed and stone veneer, the hotel blends today's modern style architecture while contributing to the tradition, character, and history of Tewksbury.  The complex features an inground swimming pool, conference center, and 142 off-street parking spaces, which would be more than adequate to service the guests.  Located off Exit 94 of Route 495.

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
$14,585/mo

Real estate (PITI + HOA + PMI)
$14,614
Principal + interest$9,978
Property tax + insurance$3,811
PMI / 2nd mortgage$825
Utilities
$1,162
Heating + cooling$419
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$111
Car insurance + maintenance$111
Other (entertainment)
$158
$14,585/mo TLC
Budget$15,085/mo
Remaining after TLC$500/mo
Purchase price
$2,200,000
Down payment
$110,000 (5%)
Loan amount
$2,090,000
APR
4%

Quick facts

Type
Commercial
Style
Year built
Lot size
3.16 ac
Stories
0
Heating
Cooling
Water
Public, At Street, Nearby
HOA
Annual tax
$11,921
MLS #
73229331
County
Middlesex

Home features

Community
Public TransportationShoppingGolfConservation AreaHighway AccessPublic SchoolSidewalks
Sewer
Public Sewer, At Street, Nearby

Lot features

Easements, Level, Corner Lot, Cleared, Gentle Sloping, Curbs & Gutters, Lot Staked

Schools

Middle
John W. Wynn
High
Tewksbury High

Neighborhood — 01876

MetricThis ZIPCountyUSA
Population28,2496,444,931299,088,112
Population Change Since19904.00%7.00%20.00%
Population Density1,326786
Male14,0453,127,134147,432,321
Female14,2043,317,797151,655,844
Never Married5,0731,612,88563,775,926
Married13,2622,586,314123,120,365
Separated718247,85712,639,686
Widowed1,627363,59415,467,586
Divorced1,692436,88823,075,029
Number Of House Hold9,7072,431,591111,826,380
Average House Hold Size2.832.562.60
Medial Age38.3837.2535.46
Median House Hold Income$77,822$57,698$48,276
Average House Hold Income$77,958$75,023$63,629
P C I$27,338$29,196$24,529
M D I$62,483$48,105$41,133
A T H E$59,427$57,083$50,898
S T R5.00%5.00%
W C J80.06%81.38%77.74%
(Zip) Code
1876

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

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MLSPIN

Listing information last refreshed 4/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.