Unique Investment Opportunity !! Two Properties for the Price of One !!! Own this 9 Unit Property in the Heart of Nashua!!! The 1 St Property Offers an 8 Unit Multi-Family with a Studio Unit, 1 Bedroom Unit, 3, 2 Bedroom Units and 3, 3 Bedroom Units, Addition Note One of the 3 Bedroom Unit has a Bonus room to make into Office or 4th Bedroom. Second Property Features a Single Family Home 823 Sq Ft, Built 1920, Offering 2 Bedroom and 1 Bath, with a Farmers Porch, Gas heat and Fenced in yard, Also Leased. Multi Family 8 Units has Separate Metered for Gas and Electric, Municipal Water and Sewer. For Extra Storage there is an Out Building on the Property Offering 5 Units to Rent out or offer to your Tenants. Property has Plenty of off Street Parking! Location offers Easy Access to Downtown Amenities, Restaurants, Schools, Parks and Highways.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,439,200 | $1,439,200 | $1,439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $875 | $875 | $875 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,172 | $8,861 | $11,951 |
Total Monthly Payment | $9,172 | $9,861 | $12,951 |
* 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.