1770 Riverside Drive, Berlin, NH, 03570 | $465,500

"Gorgeous river front property with mountain views” Nestled on the beautiful Androscoggin River with backyard views of Mt. Washington and Success Mountain range is this spacious ranch style, home with eight detached garages on city zoned business general property located on the banks of the Androscoggin River. This home and commercial property is on 1. 49 acres of land, features a fully glassed, three season sunroom to fully relax and immerse oneself in the ever-changing beautiful New England seasons and direct river view, enjoy backyard river fishing, canoeing and majestic mountain views. The eight detached garages have been a monthly source of rental income for the last owners for over 40 years. The kitchen has been updated with beautiful cabinets, granite counter tops and appliances. From the kitchen, you will find a nice dining area and large living room. There are three bedrooms and two full baths on the main floor, with an additional bedroom in the basement. The entrance way/mud room offers a propane stove and wood stove connection. The basement is partially finished with a bedroom and an area that would make a great man cave or game room. The second back driveway leading to the lower level of the house has a large, paved area perfect for parking a large RV or several ATV’s. There are two attached garages and a separate detached garage in the back yard. This home must be viewed to be fully appreciated, call for an appointment today!

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Style: Ranch
  • Year Built: 1972
  • Garage: 11-car Garage
  • Heating: Forced Air,Hot Air
  • Cooling: None
  • Basement: Concrete,Concrete Floor,Full,Partially Finished,Stairs - Interior,Walkout
  • Approx Sq. Feet: 2,532
  • Acreage: 1.49
  • Est. Taxes: $9,547
  • Lot Desc: River Frontage,Sidewalks,Trail/Near Trail,Water View,Waterfront
  • Water Front: Yes
  • Elem. School: Berlin Elementary School
  • Middle School: Berlin Junior High School
  • High School: Berlin Senior High School
  • School District: Berlin School District SAU #3
  • MLS#: 4969369
  • Website: https://www.raveis.com
    /prop/4969369/1770riversidedrive_berlin_nh?source=qrflyer
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Listing courtesy of Badger Peabody & Smith Realty   Phone: 603-752-6000
Listing Agent: Don Lapointe

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1770 Riverside Drive, Berlin, NH, 03570

$465,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $372,400 $372,400 $372,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.120%
Monthly Tax Payment $796 $796 $796
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,415 $2,446 $3,117
Total Monthly Payment $3,286 $3,317 $3,988

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.