141 Main Street, Newmarket, NH, 03857 | $950,000

Fantastic investment opportunity in historic downtown Newmarket! This mixed-use property features 3 bright, sunny spacious residential units and 2 commercial spaces with long term tenants. Situated in the vibrant heart of Newmarket, residents and business owners will enjoy proximity to the scenic Lamprey River. Enjoy leisurely strolls along the banks of the Lamprey River, a serene escape from the hustle and bustle. Engage in outdoor activities at Schanda Park, a local gem offering recreational amenities for all ages. Explore the picturesque Rockingham Recreational Trail, perfect for biking, walking, or running. Immerse yourself in the arts and culture at the cultural hub of the Newmarket Millspace, a thriving hub for creativity and community. Nearby shops, cafes, restaurants, and grocery stores add to the convenience and charm of this welcoming community. . . . . . . . . . . . . . . .

Features

  • Baths: 3 full
  • Units: 5
  • Style: Multi-Family
  • Year Built: 1890
  • Heating: Hot Water
  • Cooling: None
  • Basement: Climate Controlled,Concrete Floor,Daylight,Finished,Full,Insulated,Storage Space,Walkout,Interior Access,Exterior Access,Stairs - Basement
  • Approx Sq. Feet: 8,274
  • Acreage: 0.06
  • Est. Taxes: $16,264
  • Lot Desc: City Lot,Corner,Sidewalks,Street Lights,Water View
  • Elem. School: Newmarket Elem School
  • Middle School: Newmarket Junior High School
  • High School: Newmarket Senior HS
  • School District: Newmarket SAU #31
  • MLS#: 5007581
  • Website: https://www.raveis.com
    /prop/5007581/141mainstreet_newmarket_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.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 11/14/2024
Listing courtesy of KW Coastal and Lakes & Mountains Realty/Dover   Phone: 603-969-6632
Listing Agent: Darlene Colwell-Ellis

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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141 Main Street, Newmarket, NH, 03857

$950,000

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 $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $1,355 $1,355 $1,355
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,315 $4,679 $6,311
Total Monthly Payment $5,762 $6,126 $7,758

* 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.