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140 Rumford Street, Concord, NH, 03301 | $760,000
Welcome to this exceptionally remodeled multi-family property with an in-law suite in Concord, NH. This updated residence offers excellent cash flow and a prime location. Please note that an appraisal coverage gap will be required due to the presence of the fourth unit. The property features three well-designed units and an in-law suite. The first-floor three-bedroom, two-bath unit, the renovated front three-bedroom, one-bath unit, and the executive four-bedroom, two-bath unit each provide modern amenities and ample space. All units are furnished for tenant convenience. Situated within walking distance of parks and a law school, and close to downtown, this property offers both a convenient location and a desirable living environment. Additional highlights include a variance for a nine-car parking lot, a large fenced-in yard, and extensive renovations such as new plumbing, electrical wiring, LED lighting, on-demand hot water units, and new furnaces. The bathrooms have been elegantly tiled, enhancing the modern living experience. This property is ideal for both investors and prospective homeowners, offering a rare and promising opportunity in a sought-after area. *SEE Property Disclosures*
Features
- Units: 4
- Style: Multi-Family
- Year Built: 1900
- Heating: Forced Air
- Cooling: None
- Basement: Dirt Floor
- Approx Sq. Feet: 6,000
- Acreage: 0.31
- Est. Taxes: $8,625
- Lot Desc: City Lot
- Elem. School: Abbot-Downing School
- Middle School: Rundlett Middle School
- High School: Concord High School
- School District: Concord School District SAU #8
- MLS#: 5003564
- Website: https://www.raveis.com
/prop/5003564/140rumfordstreet_concord_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/21/2024Listing courtesy of eXp Realty Phone: 888-398-7062
Listing Agent: Trevor Garvey
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
140 Rumford Street, Concord, NH, 03301
$760,000
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 | $608,000 | $608,000 | $608,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
| Monthly Tax Payment | $719 | $719 | $719 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,694 | $3,694 | $4,805 |
| Total Monthly Payment | $4,505 | $4,505 | $5,616 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB