5 Depot Street, Merrimack, NH, 03054 | $500,000

New Listing 5 Depot St. Merrimack, NH $500, 000. 3, 328 sq ft beautiful building with high ceilings through-out and natural woodwork would be great for many uses, like converting to a Luxurious 4+ Unit Residential Multifamily with 2+ Bedrooms each Apt. Or keep as a Church. Turn into a Dance School, Gym, Martial Arts School, etc, with Town Approval. Zoned Residential with Multifamilies allowed, like the huge 8 Unit Multifamily neighbor. Neighborhood has Single-Family Houses, Multifamily's, Commercial properties. See attached Town Zoning Ordinances Doc & Check with Town on uses. Public Water & Public Sewer. Around 20 concrete Parking Spaces. Huge covered Wrap Around Porch. Roof is 3 Years New. 200 Amp Circuit Breakers. Fire Box with alarm sensors. Oil Furnace Forced Hot Air Heat. Since Air Ducts & Vents already exist, easily add Central Air in future. Electric Hot Water Tank. Full Kitchen. 2 Half-Bathrooms. Buyers responsible for doing their own due diligence in regards to verifying any info provided, research, inspections if any, measurements, checking with the town for any potential future uses, applying for any Town Approvals, etc. No open houses. No Showings on Sundays. Do NOT drive-by or Trespass walk around the property, or approach any church goers, workers, etc. Assisted Showings by appointment Only after you provide Proof of Cash or Hard Money Private Loan Letter dated within 30 days, or Pre-Approval Letter for 25% down Commercial Loan or 35% down Special Portfolio Loan.

Features

  • Property Type: Development,Investment,Multi-Family,Office,Opportunity,Other
  • Construction: Wood Frame,Wood Siding
  • Parking: Parking Spaces 21+,Paved
  • Heating: Forced Air,Hot Air
  • Cooling: None
  • Zoning: RESIDE
  • Frontage: 200
  • Year Built: 1903
  • Approx Sq. Feet: 3,328
  • Acreage: 0.22
  • Est. Taxes: $0
  • MLS#: 5010587
  • Website: https://www.raveis.com
    /prop/5010587/5depotstreet_merrimack_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 9/21/2024
Listing courtesy of Tri-State Realty, LLC   Phone: 603-566-3073
Listing Agent: Nick Turmel

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5 Depot Street, Merrimack, NH, 03054

$500,000

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 $400,000 $400,000 $400,000
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 $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,430 $2,430 $3,161
Total Monthly Payment $2,522 $2,522 $3,253

* 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.