CCertihomes
375 Main St, Lancaster, MA 01523

$550,000

8 beds 6 baths 2,857 sqft Built 18906 days on marketActive

About this home

DEVELOPERS - Embrace the rich history of this 1890 property while offering contemporary comforts to discerning buyers or renters looking for a unique living experience once renovation is complete. With architectural plans available for 3 levels of living space, the property offers versatility and potential. Whether it's apartments or condos, the layout can be tailored to meet various preferences and needs. The decision to preserve the original floors adds character and authenticity to the space. These features are not only pleasing but also serve as a testament to the craftsmanship of the era. By undertaking this renovation project, you're not just revitalizing a property but also preserving a piece of Lancaster's architectural heritage. The restoration of this historic building contributes to the cultural fabric of the community and ensures its legacy for future generations. Also see MLS #73237997.

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
$4,996/mo

Real estate (PITI + HOA + PMI)
$4,659
Principal + interest$3,547
Property tax + insurance$906
PMI / 2nd mortgage$206
Utilities
$656
Heating + cooling$166
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$111
Car insurance + maintenance$111
Other (entertainment)
$158
$4,996/mo TLC
Budget$5,496/mo
Remaining after TLC$500/mo
Purchase price
$550,000
Down payment
$27,500 (5%)
Loan amount
$522,500
APR
7.2%

Quick facts

Type
Single Family Residence
Style
Victorian
Year built
1890
Lot size
0.55 ac
Stories
0
Heating
Other
Cooling
None
Water
Public
HOA
Annual tax
$3,548
MLS #
73235592
County
Worcester

At a glance

Fireplace
Basement

Home features

Exterior
Porch - Enclosed
Parking
Paved DriveOff StreetPaved
Roof
Shingle
Sewer
Public Sewer

Lot features

Corner Lot, Cleared, Level

Neighborhood — 01523

MetricThis ZIPCountyUSA
Population4,9666,444,931299,088,112
Population Change Since199038.00%7.00%20.00%
Population Density172786
Male2,9483,127,134147,432,321
Female2,0183,317,797151,655,844
Never Married1,6001,612,88563,775,926
Married1,6412,586,314123,120,365
Separated335247,85712,639,686
Widowed227363,59415,467,586
Divorced384436,88823,075,029
Number Of House Hold1,2652,431,591111,826,380
Average House Hold Size2.812.562.60
Medial Age34.0637.2535.46
Median House Hold Income$75,259$57,698$48,276
Average House Hold Income$83,772$75,023$63,629
P C I$23,178$29,196$24,529
M D I$60,687$48,105$41,133
A T H E$62,556$57,083$50,898
S T R5.00%5.00%
W C J74.87%81.38%77.74%
(Zip) Code
1523

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 5/9/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.