Welcome to your dream investment opportunity in Colebrook! This beautifully renovated historic multifamily home is located in downtown Colebrook with direct access to snowmobile and ATV trail system. It's a rare find for those looking to start an Airbnb business or reside in a turnkey multigenerational home. The property has undergone a complete gut and rehab, featuring brand-new electrical, plumbing, heating systems, and all-new finishes. Every detail has been thoughtfully designed to blend modern comforts with historic charm. Enjoy year-round comfort and savings with spray foam insulation and vinyl windows. Modine heaters in the basement ensure warmth during the colder months, while a new dehumidification system maintains a dry crawl space during warmer seasons. The spacious layout offers versatility, making it perfect for large families or multiple tenants. Natural light fills the living areas, creating a welcoming atmosphere for gatherings and relaxation. Additionally, a full garage is ready for your hobbies, workshop needs, gatherings, or even a mini farm. The possibilities are endless with this unique feature, adding value and charm to your new home. Situated in downtown Colebrook, you'll have easy access to local amenities, shopping, dining, and outdoor activities. The nearby trail system is perfect for hiking, biking, riding and exploring the beautiful natural surroundings. Book a showing today and make this exceptional property yours. Also listed under MLS #5008490
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $388 | $388 | $388 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,964 | $1,939 | $2,489 |
Total Monthly Payment | $2,427 | $2,402 | $2,952 |
* 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.