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41 Summer Street, Nashua, NH, 03064 | $525,000
41 Summer St is comprised of a three story building and contains a total of three units, consisting of one 1-Bedroom/1-Bathroom unit and two 1+Bedroom/1-Bathroom units with 2, 392 square feet of living area in 3, 592 square feet of total gross area on 0. 14-acres of land. The Property offers ample on-site parking as well as a detached four bay garage at the rear of the Property. All of the units are separately metered for electricity, gas fired heat, and gas fired hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer. The current rents are significantly below market. The opportunity exists to increase rents to market rates via programmatic updates to the unrenovated units in a highly sought after and supply constrained urban infill residential market. Gross Income is calculated with Unit 2's rent set to market.
Features
- Rooms: 11
- Bedrooms: 3
- Units: 3
- Style: Conversion
- Year Built: 1910
- Garage: 4-car Garage
- Heating: Natural Gas,Gas Heater
- Cooling: None
- Basement: Partially Finished
- Approx Sq. Feet: 2,392
- Acreage: 0.14
- Lot Desc: Other
- MLS#: 5013922
- Website: https://www.raveis.com
/prop/5013922/41summerstreet_nashua_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 11/24/2024Listing courtesy of Horvath & Tremblay LLC Phone: 781-776-4000
Listing Agent: William Peck
William Raveis Family of Services
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
41 Summer Street, Nashua, NH, 03064
$525,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,794 | $2,791 | $3,601 |
| Total Monthly Payment | $2,886 | $2,883 | $3,693 |
* 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