CCertihomes
8 Main St., Essex, MA 01929

$1,150,000

0 beds 2 baths 2,850 sqft Built 1967Active

About this home

Corner Lot with high traffic count on high visibility route 133 in Essex. Desirable opportunity on a flat lot improved with a 2, 850 sq. ft. block building and paved lot. Grandfathered illuminated signage on property. Historically used for automotive repair and is offered with three service bays with two 10 X 10 overhead doors at the front of the building and one 12 X 14 to the side rear and two vehicle lifts. Property is heated by FHA by gas and a supplemental onsite waste oil burner that has been well kept and clean. Shop and office space illuminated with updated LED lighting. The premises can be repurposed for other commercial uses such as a base property for a contractor, light manufacturing, office or retail establishment. The property is served by municipal water and municipal sewer with a car count of 16, 400 taken by MA DOT when causeway bridge recently replaced.

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
$7,426/mo

Real estate (PITI + HOA + PMI)
$7,389
Principal + interest$5,216
Property tax + insurance$1,742
PMI / 2nd mortgage$431
Utilities
$516
Heating + cooling$96
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$158
$7,426/mo TLC
Budget$7,926/mo
Remaining after TLC$500/mo
Purchase price
$1,150,000
Down payment
$57,500 (5%)
Loan amount
$1,092,500
APR
4%

Quick facts

Type
COM
Style
Year built
1967
Lot size
0.32 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$7,174
MLS #
73234954
County
Essex

Neighborhood — 01929

MetricThis ZIPCountyUSA
Population4,6986,444,931299,088,112
Population Change Since19908.00%7.00%20.00%
Population Density331786
Male2,3343,127,134147,432,321
Female2,3633,317,797151,655,844
Never Married7351,612,88563,775,926
Married2,3422,586,314123,120,365
Separated88247,85712,639,686
Widowed288363,59415,467,586
Divorced267436,88823,075,029
Number Of House Hold1,7642,431,591111,826,380
Average House Hold Size2.662.562.60
Medial Age40.5937.2535.46
Median House Hold Income$78,108$57,698$48,276
Average House Hold Income$94,842$75,023$63,629
P C I$35,611$29,196$24,529
M D I$62,724$48,105$41,133
A T H E$68,179$57,083$50,898
S T R5.00%5.00%
W C J76.43%81.38%77.74%
(Zip) Code
1929

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

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MLSPIN

Listing information last refreshed 5/8/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.