This Gorgeous building in the best neighborhood in an up-and-coming area has been fully renovated with excellence! If you are looking for a TRADITIONAL OFFICE or MEDICAL OFFICE you have found the perfect location. Structurally the building is incredibly well built and renovated; aesthetically it is lovely and historical outside and modern and sunny within. With mountain views; its location is convenient to both downtown parking and new permitted lot on the same block. The property is situated in the most beautiful commercial neighborhood in town! This quaint street currently houses a medical office, retail shops, restaurants and more. Other neighbors in this commercial compact zoned area include the library, theatre, recreation center, town square (baseball field, park, playground), town hall and police department. It is quiet, just off the main road but still visible and accessible to drive by traffic and a much walked in neighborhood by locals and the large tourist population alike. 40 Exchange is a short walking distance to Gorham's spectacular mountain bike trails and it's new popular brewery. A popular destination for travel year-round, the city attracts hikers, ATV enthusiasts, mountain bikers, skiers, snowmobilers and a variety of outdoor activity enthusiasts. Gorham is less than 10 minutes from Great Glen ski area, and the Mt. Washington auto road, and 15 minutes from Vail owned Wildcat Ski Mountain. Hiking trails are everywhere!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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$349,000
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 | $279,200 | $279,200 | $279,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,696 | $1,696 | $2,206 |
Total Monthly Payment | $1,771 | $1,771 | $2,281 |
* 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.