Welcome to an exceptional investment opportunity in the heart of Keene! This multifamily property has had steady rental income and a proven track record, making it a prime addition to any investor's portfolio. Both apartments are currently occupied with annual leases in place, ensuring reliable income from day one. Situated within walking distance to downtown, this property offers unparalleled convenience for tenants. Both units have been very well maintained. The first unit features two bedrooms, one bathroom, a spacious living area, a kitchen with appliances, and beautiful hardwood floors. The second unit offers four bedrooms, one bathroom, a spacious living area and also a kitchen with appliances. Shared washer and dryer are located in the basement. Tenants will appreciate the off-street parking and the ease of separate utilities for each unit. With its ideal location and consistent rental income, this multifamily property is a fantastic investment opportunity you won’t want to miss. Schedule a viewing and take the first step toward securing this remarkable property.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $286,320 | $286,320 | $286,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $553 | $553 | $553 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,929 | $1,881 | $2,415 |
Total Monthly Payment | $2,557 | $2,509 | $3,043 |
* 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.