Located on a 0. 50+/- acres lot, this charming 1930 two-story wood-frame Foursquare Arts and Crafts style home presents a unique opportunity for savvy commercial investor. Boasting timeless architectural elegance, this property offers versatility and prime visibility in a highly trafficked location in a key commercial area of Dover. Key Features: Prime Location: With over 21, 000 VPD this property enjoys exceptional visibility making it an ideal spot for various commercial ventures. Classic Charm: The historic Foursquare design exudes character and charm, providing a captivating backdrop for your business aspirations. Spacious Interiors: Featuring three bedrooms, two bathrooms, and ample living space spread across two stories, the property offers flexibility for adaptation to diverse commercial or potentially multi-family purposes. The property also includes a two car garage. Heating: Heat is provided by a force hot water system utilizing oil as a fuel source, ensuring comfort and efficiency year-round. Multiple Possibilities: Whether you envision a retail boutique, a cozy restaurant, professional offices, or even a banking establishment, this property's zoning allows for a range of commercial uses. Multi-family dwellings are also permitted by special exception, offering additional investment potential. Don't miss out on this rare opportunity to own a prime commercial location in Dover NH.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $696 | $696 | $696 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,964 | $2,924 | $3,710 |
Total Monthly Payment | $3,752 | $3,712 | $4,498 |
* 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.