CCertihomes
43 Grove Street, Merrimac, MA 01860

$589,900

0 beds 1 baths Built 1956Active

About this home

COLLECTORS and INVESTORS take notice! This unique office/warehouse with 3.65 acres may be the property you have been searching for. Utilizing the concrete basement of more than 6, 000 square feet with ground level access, this may provide a great space for your treasures, collectibles, or inventory. Above this large basement is 6, 500 square feet of single level office space/warehouse with the possibility of more storage or spacious living (subject to approvals and permitting). Property is on a corner lot in a well established residential neighborhood zoned for single family homes. Buyer/buyer's agent are to do their due diligence as this is sold AS-IS/WHERE-IS.

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
$5,604/mo

Real estate (PITI + HOA + PMI)
$5,274
Principal + interest$3,804
Property tax + insurance$1,249
PMI / 2nd mortgage$221
Utilities
$683
Heating + cooling$180
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$106
Car insurance + maintenance$106
Other (entertainment)
$157
$5,604/mo TLC
Budget$6,104/mo
Remaining after TLC$500/mo
Purchase price
$589,900
Down payment
$29,495 (5%)
Loan amount
$560,405
APR
7.2%

Quick facts

Type
COM
Style
Year built
1956
Lot size
3.65 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73235723
County
Essex

Neighborhood — 01860

MetricThis ZIPCountyUSA
Population7,4576,444,931299,088,112
Population Change Since199027.00%7.00%20.00%
Population Density839786
Male3,6633,127,134147,432,321
Female3,7943,317,797151,655,844
Never Married1,1921,612,88563,775,926
Married3,5532,586,314123,120,365
Separated169247,85712,639,686
Widowed384363,59415,467,586
Divorced464436,88823,075,029
Number Of House Hold2,7192,431,591111,826,380
Average House Hold Size2.712.562.60
Medial Age37.5437.2535.46
Median House Hold Income$67,098$57,698$48,276
Average House Hold Income$75,938$75,023$63,629
P C I$28,144$29,196$24,529
M D I$55,285$48,105$41,133
A T H E$58,435$57,083$50,898
S T R5.00%5.00%
W C J81.98%81.38%77.74%
(Zip) Code
1860

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

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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.

43 Grove Street · Merrimac — $589,900 · Certihomes