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44 W Main Street, Hillsborough, NH, 03244 | $325,000
"INVESTORS TAKE NOTICE" Welcome to 44 W. Main Street In charming Hillsborough! Currently a 3 Unit Multi-Family with potential for more! The property is Commercially zoned and was once a restaurant, converted back to a multifamily. The 3 level 20x30 barn has many options for either business or more rental units with the proper permits. The roof has new shingles, and the metal portion has been restored and freshly sealed. Plenty of on-site parking and frontage on the Contoocook River. Great income potential! Great in town location…WALK to downtown in minutes, and for the commuters be driving on Rte. 202 in 4 minutes. 12-15 Minutes to New England University and Pat’s Peak and 30 Minutes to Concord, and 40 Minutes to Manchester. This property currently boasts a charming efficiency rental apartment, with a long-term tenant, providing immediate income potential, the other two units are currently vacant. This property would be perfect for the entry level buyer looking to occupy one unit while using the other as income with room to grow, or for the seasoned investor looking to expand their portfolio. Bring your hammer and nails to finish this property off to your preference. THIS PROPERTY IS PRICED BELOW MARKET! Showings begin on 10-26-2024, open house on Saturday 10-26-2024 from 10AM - 1pm.
Features
- Baths: 3 full
- Units: 3
- Style: Cape,Multi-Family
- Year Built: 1900
- Heating: Baseboard,Forced Air,Hot Water
- Cooling: None
- Basement: Concrete Floor,Unfinished,Exterior Access
- Approx Sq. Feet: 2,621
- Acreage: 0.7
- Est. Taxes: $6,291
- Lot Desc: City Lot,River Frontage
- MLS#: 5019742
- Website: https://www.raveis.com
/prop/5019742/44wmainstreet_hillsborough_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 11/14/2024Listing courtesy of New World Real Estate LLC Phone: 603-969-0016
Listing Agent: Dennis Gallagher
William Raveis Family of Services
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978-337-3053
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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
44 W Main Street, Hillsborough, NH, 03244
$325,000
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 | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
| Monthly Tax Payment | $524 | $524 | $524 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,774 | $1,728 | $2,193 |
| Total Monthly Payment | $2,373 | $2,327 | $2,792 |
* 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