Last Updated: 2/27/2017 2:50 PM
Description for 487 Humphrey Street Swampscott, MA 01907
OWNER SAYS SELL......Just reduced 100K to cover any repairs or updates. Priced under market value and under town assessment. Great Commercial / Mixed Use opportunity located 1 block from the ocean in the desirable Seaside Community of Swampscott, MA in the B-1 zoning district. Previously used as an upscale Med Spa and Salon. The building is a prefabrication construction in 2001. There have been extensive interior updates to the Salon which is approximately 2600 sq ft including newer HVAC and central air and tiled flooring over the last few years. Currently classified as 1 residential apartment and 3 commercial units. Off street parking for approximately 8 cars with plenty of street parking available. High visibility on Humphrey Street. Great potential for continued Spa and Salon use as well as possible medical space. Buyers to do due diligence on usage. Property is being SOLD on AS IS condition. Deferred maintenance needed. See disclosures.
Public Water Service
Exterior / Lot Features
8 Parking Spaces,
Current market conditions for 487 Humphrey Street
Active Market Trends
Median list price$659,500
Days on market79
Properties for sale40
Sold Market Trends
Median sold price$380,750
Sales to list price9,842.0%
Median sq ft price$233
Arrows indicate 90 day trend
Listing Price History for 487 Humphrey Street
Swampscott Real Estate
Swampscott is located in Massachusetts. Swampscott, Massachusetts 01907 has a population of 13,823.
The median household income in Swampscott, Massachusetts 01907 is $93,281. The median household income for the surrounding county is $66,918 compared to the national median of $53,046. The median age of people living in Swampscott 01907 is 44.5 years.
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