Attention! Great investment opportunity with diverse options! Large multi-use building with over 4700 square feet of above-ground space being offered. This property currently consists of 3 office suites however it also has a full basement, loading dock, multiple baths, and kitchenette plus the bonus of a huge parking lot! Strategically located on the Suncook Valley Highway, close to the traffic circle, the site offers high visibility and traffic count, yet the structure is set back from the road, giving it a traditional New England feel and country charm, or, the building can be easily changed up by adding modern appointments! (There is also an additional access road, through Windymere Road at the back of the building for ease of traffic flow. ) This property is awaiting its new owner to maximize it to its high potential and bring it back to life! Zoned Res/Com, the Town zoning allows for many possible uses such as single family, two-family, home occupation, childcare, kennel, retail, commercial, and office opportunities to name a few! This is a great property to add to your portfolio and a must-see for the savvy investor! Buyers. . . refer to Town Zoning Regs and complete your due diligence for permitted uses and municipality requirements.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $1,081 | $1,081 | $1,081 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,823 | $1,754 | $2,226 |
Total Monthly Payment | $2,979 | $2,910 | $3,382 |
* 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.