$995,000
About this home
Presenting a unique investment opportunity in a picturesque waterfront setting on 3.9 acres of land, with 14, 730 sq ft of space. The property is zoned Hospital Private, offering many potential behavioral health care uses. Previously leased by McLeans Hospital (1997-2019), the property has a history of serving the community and now presents an investment option for those looking to capitalize on the healthcare sector. Vacant since the summer of 2018; the property is in need of a complete gut rehab to restore it. In 1959 it was a substance abuse hospital; and McLeans occupied it as a 26 bed facility with an overnight component. There is an already established town hall relationship, with the town seeming eager to ensure a seamless transition. With the town assessment of $730, 800; this property offers a promising investment opportunity. An experienced Operator is already lined up, making it an attractive option for discerning capital investors.
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.
- Real estate (PITI + HOA + PMI)
- $7,353
- Utilities
- $991
- Transportation
- $100
- Other (entertainment)
- $157
Quick facts
Neighborhood — 01430
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 6,130 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 8.00% | 7.00% | 20.00% |
| Population Density | 159 | 786 | — |
| Male | 3,070 | 3,127,134 | 147,432,321 |
| Female | 3,060 | 3,317,797 | 151,655,844 |
| Never Married | 1,133 | 1,612,885 | 63,775,926 |
| Married | 2,966 | 2,586,314 | 123,120,365 |
| Separated | 149 | 247,857 | 12,639,686 |
| Widowed | 266 | 363,594 | 15,467,586 |
| Divorced | 386 | 436,888 | 23,075,029 |
| Number Of House Hold | 2,335 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.60 | 2.56 | 2.60 |
| Medial Age | 38.13 | 37.25 | 35.46 |
| Median House Hold Income | $54,761 | $57,698 | $48,276 |
| Average House Hold Income | $55,808 | $75,023 | $63,629 |
| P C I | $21,627 | $29,196 | $24,529 |
| M D I | $45,890 | $48,105 | $41,133 |
| A T H E | $47,076 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 83.77% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
Open in Google Maps →
Listing information last refreshed 5/14/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.