Exceptional Commercial Opportunity in Alton with Income Endless Potential! Discover an incredible opportunity in Alton, attractively priced under $500, 000! This prime property, situated in the desirable RC Zone just south of the vibrant Alton Traffic Circle, is perfect for your next business venture or as a valuable addition to your investment portfolio. Currently configured for rental income, this charming home boasts stunning views of the Merrymeeting River. Enjoy outdoor living at its best with a spacious 17' x 10' covered porch and a cozy 18' x 10' enclosed porch, ideal for relaxation or entertaining guests. Inside, you’ll find beautifully updated living spaces featuring new flooring and fresh paint throughout. Key improvements include modern plumbing, heating, a new water heater, HVAC, and electrical systems, making this a turnkey property ready for its next chapter. With low taxes and limitless potential, this is an opportunity you won't want to miss! The owner is a licensed NH Real Estate Broker, and all buyers and agents are encouraged to conduct their own due diligence. Act quickly to explore the possibilities today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
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 | $231 | $231 | $231 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,658 | $3,429 |
Total Monthly Payment | $2,966 | $2,963 | $3,734 |
* 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.