CCertihomes
43 Summer St, Somerville, MA 02143

$5,500

0 beds 0 baths Built 1950Active

About this home

Two-story commercial space available for rent starting June 1st. Tenants pay for Electricity. The lease term is for 3 to 5 years. The space includes a large conference room, five private offices, a kitchen, an open area suitable for 4/5 work stations, two bathrooms, and two storage rooms. Additionally, the space is equipped with a security system and there is parking space available for up to 6 cars.

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
$1,275/mo

Real estate (PITI + HOA + PMI)
$861
Principal + interest$35
Property tax + insurance$824
PMI / 2nd mortgage$2
Utilities
$385
Heating + cooling$31
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$120
Car insurance + maintenance$120
Other (entertainment)
$157
$1,275/mo TLC
Budget$5,000/mo
Remaining after TLC$3,725/mo
Purchase price
$5,500
Down payment
$275 (5%)
Loan amount
$5,225
APR
7.2%

Quick facts

Type
RNT
Style
Year built
1950
Lot size
0.09 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$9,815
MLS #
73236481
County
Middlesex

Neighborhood — 02143

MetricThis ZIPCountyUSA
Population25,9986,444,931299,088,112
Population Change Since1990-2.00%7.00%20.00%
Population Density16,860786
Male12,8553,127,134147,432,321
Female13,1433,317,797151,655,844
Never Married12,0511,612,88563,775,926
Married7,2382,586,314123,120,365
Separated1,155247,85712,639,686
Widowed1,217363,59415,467,586
Divorced1,491436,88823,075,029
Number Of House Hold11,4432,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age32.9637.2535.46
Median House Hold Income$49,818$57,698$48,276
Average House Hold Income$56,671$75,023$63,629
P C I$25,726$29,196$24,529
M D I$42,538$48,105$41,133
A T H E$47,532$57,083$50,898
S T R5.00%5.00%
W C J76.32%81.38%77.74%
(Zip) Code
2143

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

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MLSPIN

Listing information last refreshed 5/12/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.