Located in downtown Concord, NH this recently renovated multi family awaits new investors or homeowners. This 2-family home now boasts modern updates and finishes throughout. Each 2 bedroom, 1 bath unit has a bathroom, living room, and eat in kitchen that has been completely redone with new paint, flooring, appliances, cabinets, granite countertops, modern black fixtures, and most importantly a brand-new roof. This property is in a prime location and is now a perfect opportunity for an investor to take over with no work needing to be done. OR, live in one unit, and rent the other to offset mortgage costs. Utilities are separate, and each unit has its own exterior entrance off the driveway or entrance through the shared common hallway. The driveway has recently been re-paved, and there is a garage that can be used for storage. With this prime location and potential, this property will not last long. Walk to downtown restaurants, shopping and just minutes to the highway.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $452 | $452 | $452 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,603 | $2,600 | $3,354 |
Total Monthly Payment | $3,130 | $3,127 | $3,881 |
* 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.