Manchester one and half story cape with 2, 210 finished sqft on 0. 25 acres conveniently located in downtown Manchester on Center Hill road across from town maintained Adams Park. This offering is for the real estate only and does not include the tenant occupied business (HUB Insurance). The property is currently being utilized as a business. Originally built in 1900 this property offers many fine features including: forced hot air heat, slate roof, security system, off street parking for 5-6 cars, town water, and town sewer. Upstairs level is 681 sqft and has three good size offices and a half bath. The first floor is 1, 385 sqft and has numerous offices, a reception area, and half bath. The lower level is 144 sqft has a conference room and a walk out door. It includes approximately 100 ft of frontage on Center Hill road. The building has a limited setback (approx 20 ft) from the sidewalk. Priced to sell, this is a great opportunity! We invite you to come take a look, great location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
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 | $611 | $611 | $611 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,692 |
Total Monthly Payment | $2,810 | $2,808 | $3,378 |
* 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.