35 East Hollis Street, #0030-00066, Nashua, NH, 03060 | $4,000,000

Tear down existing building in a Very Rare Zoning !! Opportunity Zone makes the availability for Special Bank financing, Deferred Taxable Income Qof if you and your plans qualify. Zone, Preferred Programs Gov and City. Hud offers large tax credits you can sell. Nashua special law parking allowance, Possible city tax breaks in D1 zone. City Managed funds available up to 10 million for construction if you qualify Short term leases can be transferred with the property. Easy flat paved site to build on that will save you cost. . Public traded Reits and Insurance companies are looking for completed projects to add to their portfolio that are new !! These zones were named for OPPORTUNITY ZONES for a reason they are desired locations by the city to have the flexibility to make it most beneficial for the developer and help with the need of local housing. Phase 1 ESA report completed. According to the report Phase 2 not needed. Property Abuts Southern NH Medical Center.

Features

  • Zoning: D1 MU
  • Frontage: 268
  • Lot Desc: Level
  • MLS#: 4980273
  • Website: https://www.raveis.com
    /prop/4980273/35easthollisstreet_nashua_nh?source=qrflyer
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Listing courtesy of Donald Gingras Realty Co   Phone: 603-493-8032
Listing Agent: Donald Gingras

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35 East Hollis Street, #0030-00066, Nashua, NH, 03060

$4,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,200,000 $3,200,000 $3,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.481% 7.014% 6.915%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,703 $21,022 $28,317
Total Monthly Payment $19,828 $21,147 $28,442

* 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.