404 Belmont Street, Manchester, NH, 03103 | $750,000

Large 4 and 3 bedroom units in this clean and improved flat top 3 unit building with ample parking. Newer windows, membrane roofing, gas heating and siding. Inside it's improved with sheet rock, newer trim and doors, tile flooring throughout. It's a big building with big apartments easy to rent. Each apartment includes kitchen appliances, washer and dryer. This building has been conscientiously upgraded and maintained by the same owner occupants for 20 years.

Features

  • Rooms: 18
  • Bedrooms: 11
  • Baths: 4 full
  • Units: 3
  • Style: Apartment Building
  • Year Built: 1911
  • Heating: Natural Gas,Hot Water
  • Cooling: None
  • Basement: Full,Partially Finished,Stairs - Interior,Storage Space
  • Approx Sq. Feet: 3,786
  • Acreage: 0.12
  • Est. Taxes: $7,408
  • Lot Desc: City Lot
  • MLS#: 5019400
  • Website: https://www.raveis.com
    /prop/5019400/404belmontstreet_manchester_nh?source=qrflyer
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Listing courtesy of RE/MAX Area Real Estate Network LTD   Phone: 603-626-5000
Listing Agent: Steve Cotran

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404 Belmont Street, Manchester, NH, 03103

$750,000

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 $600,000 $600,000 $600,000
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 $617 $617 $617
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,992 $3,988 $5,145
Total Monthly Payment $4,701 $4,697 $5,854

* 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.