40 Cross Street, Keene, NH, 03431 | $357,900

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.

Features

  • Rooms: 10
  • Bedrooms: 6
  • Baths: 2 full
  • Units: 2
  • Style: Multi-Family,New Englander
  • Year Built: 1900
  • Heating: Forced Air,Hot Water,Radiator
  • Cooling: None
  • Basement: Full,Unfinished
  • Approx Sq. Feet: 2,212
  • Acreage: 0.09
  • Est. Taxes: $6,633
  • Lot Desc: City Lot,Sidewalks,Street Lights,Trail/Near Trail
  • Elem. School: Franklin Elementary School
  • Middle School: Keene Middle School
  • High School: Keene High School
  • School District: Keene Sch Dst SAU #29
  • MLS#: 5002472
  • Website: https://www.raveis.com
    /prop/5002472/40crossstreet_keene_nh?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.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 11/8/2024
Listing courtesy of Greenwald Realty Group   Phone: 603-357-3035
Listing Agent: Christine Houston

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40 Cross Street, Keene, NH, 03431

$357,900

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 $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.