This property offers an outstanding opportunity for investors and owner-occupants alike, delivering great income potential. Each unit has been freshly painted. The first-floor unit stands out with its generous layout, featuring 4 bedrooms that provides ample space. The second and third units are thoughtfully designed, each with 3 bedrooms and a versatile bonus room, perfect for use as a home office, playroom, or guest space. Every unit also has dedicated storage, helping keep living areas organized. The property includes an unfinished walk-up attic, which offers expansion potential. This space could be transformed into a fourth unit, significantly enhancing the property’s value and rental income possibilities. Please confirm with City of Manchester. 3 car garage available for off street parking. Washer/dryer hookups in each unit. Easy highway access, close to shopping, schools, all area amenities. Current Certificate of Compliance. Open House. Sat Nov 9th & Sun Nov 10th 10AM-12PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
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 | $691 | $691 | $691 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,456 | $4,385 |
Total Monthly Payment | $4,330 | $4,239 | $5,168 |
* 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.