$575,000
About this home
Experience the ultimate investment opportunity with this versatile mixed-use very large unfinished 3rd. floor that could be another unit or made into a loft with water view .. this property offers endless possibilities.Investors, take note! Owner financing is available, allowing you to leverage the rental income to help pay the mortgage and live comfortably while enjoying a remarkable return on investment. With below-market rents and all units currently occupied, this property presents an attractive 8% potential cap rate based on current market rents (currently $1, 100, $850, $700, and $700).Ideally situated mere minutes from the upcoming train station, reliable transit connections between Southeastern Massachusetts and Boston will be at your doorstep. Additionally, this prime location offers convenient access to highways, shopping, restaurants, and entertainment venues, ensuring a high-demand rental market.
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.
- Real estate (PITI + HOA + PMI)
- $4,879
- Utilities
- $595
- Transportation
- $131
- Other (entertainment)
- $157
Quick facts
Neighborhood — 02720
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 29,878 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 3.00% | 7.00% | 20.00% |
| Population Density | 2,694 | 786 | — |
| Male | 13,954 | 3,127,134 | 147,432,321 |
| Female | 15,944 | 3,317,797 | 151,655,844 |
| Never Married | 7,742 | 1,612,885 | 63,775,926 |
| Married | 10,546 | 2,586,314 | 123,120,365 |
| Separated | 1,300 | 247,857 | 12,639,686 |
| Widowed | 2,762 | 363,594 | 15,467,586 |
| Divorced | 2,465 | 436,888 | 23,075,029 |
| Number Of House Hold | 12,964 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.23 | 2.56 | 2.60 |
| Medial Age | 37.57 | 37.25 | 35.46 |
| Median House Hold Income | $36,032 | $57,698 | $48,276 |
| Average House Hold Income | $46,545 | $75,023 | $63,629 |
| P C I | $20,964 | $29,196 | $24,529 |
| M D I | $31,718 | $48,105 | $41,133 |
| A T H E | $41,554 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 82.61% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 5/2/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.