BACK ON THE MARKET due to financing contingency falling through. Nestled in the heart of Manchester's coveted North End is this spacious 3, 400 sq. ft. two-family property. The first-floor apartment features three bedrooms, one bathroom, and a cozy screened-in porch for relaxing evenings. The second unit spans two floors and boasts a bright and airy four-bedroom, two-bathroom layout with a large, screened porch. Abundant natural light fills the upper levels, creating a warm and inviting atmosphere. The property includes a two-car garage that is perfect for storage, plus ample driveway parking. Recent updates include vinyl siding, a newer roof, and two hot water heaters. Perfect for owner-occupants or rental income, this property is located in a desirable neighborhood near parks, top-rated schools, and local eateries. Here's your chance to own a piece of Manchester's history!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $536,000 | $536,000 | $536,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $721 | $721 | $721 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,566 | $3,562 | $4,520 |
Total Monthly Payment | $4,379 | $4,375 | $5,333 |
* 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.