8-10 Arch St, Laconia, NH, New Hampshire, property flyer

8-10 Arch St, Laconia, NH, 03246 | $2,275,000

Unique investment opportunity to purchase a portfolio of 15 residential units, including a separate Urban Commercial zoned (UC) ranch style building, 9+ garage bays and an additional buildable lot. 8-10 Arch St consists of 14 residential units (1 one-bed & 13 two-bed), 6 garage bays (61x18 and each bay is walled off), an additional oversized garage/storage area (61x25) and a vacant lot to build additional housing units/garage or parking etc. The main building has 10 renovated units, newer circuit breaker panels, Rinnai wall furnaces that can be separated by new owner for each unit and a superstore HW heater. Expansive walk out lower-level w/ coin-opp laundry and workshop/storage space. 158 Union Ave is a free-standing 2-bedroom ranch style home that is currently 1 residential rental which is zoned Urban Commercial and has value-add potential for many business opportunities. All financials and unit photos available upon request.

Features

Utilities: Public Water, Public Sewer
Parking: 21-car
Zoning: UC

Year Built: 1900
Acreage: 0.61
Est. Taxes: $14,947

MLS#: 73221972
Website: https://www.raveis.com
/prop/73221972/810archst_laconia_nh?source=qrflyer

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Trish Marchetti courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate

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8-10 Arch St, Laconia, NH, 03246

$2,275,000

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	$1,820,000	$1,820,000	$1,820,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.500%	6.375%	5.875%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.821%	6.474%	6.036%
Monthly Tax Payment	$1,246	$1,246	$1,246
H/O Insurance Payment	$125	$125	$125
Initial Principal & Interest Pmt	$10,334	$11,354	$15,236
Total Monthly Payment	$11,705	$12,725	$16,607

* 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.