CCertihomes
50 Suffolk St, Worcester, MA 01604

$625,000

0 beds 0 baths Built 1900Active

About this home

This four-story industrial building is a great opportunity for investors and renovators. The building is located off Barbara Ln next to CSX intermodal, providing convenient access to rail systems and major highways. Although the building requires renovation, once stabilized, it will produce a significant ROI. The roof was replaced in 2018. Don't miss this chance to turn sweat equity into financial rewards.

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
$6,248/mo

Real estate (PITI + HOA + PMI)
$5,913
Principal + interest$4,030
Property tax + insurance$1,649
PMI / 2nd mortgage$234
Utilities
$699
Heating + cooling$204
Internet + TV + phone$125
Water + sewer + garbage$58
Transportation
$132
Car insurance + maintenance$132
Other (entertainment)
$125
$6,248/mo TLC
Budget$6,748/mo
Remaining after TLC$500/mo
Purchase price
$625,000
Down payment
$31,250 (5%)
Loan amount
$593,750
APR
7.2%

Quick facts

Type
COM
Style
Year built
1900
Lot size
0.14 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$9,659
MLS #
73232150
County
Worcester

Neighborhood — 01604

MetricThis ZIPCountyUSA
Population34,0076,444,931299,088,112
Population Change Since199010.00%7.00%20.00%
Population Density5,197786
Male16,3413,127,134147,432,321
Female17,6673,317,797151,655,844
Never Married9,5801,612,88563,775,926
Married11,5132,586,314123,120,365
Separated1,298247,85712,639,686
Widowed2,455363,59415,467,586
Divorced3,070436,88823,075,029
Number Of House Hold14,1792,431,591111,826,380
Average House Hold Size2.342.562.60
Medial Age35.8137.2535.46
Median House Hold Income$42,198$57,698$48,276
Average House Hold Income$51,673$75,023$63,629
P C I$22,090$29,196$24,529
M D I$36,731$48,105$41,133
A T H E$44,631$57,083$50,898
S T R5.00%5.00%
W C J75.18%81.38%77.74%
(Zip) Code
1604

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

Map & walkability

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MLSPIN

Listing information last refreshed 5/2/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.