Welcome to 1073 Union Ave in Laconia! This property includes Three apartment units, a 4 car garage (2 bays with doors), A commercial retail building with 2nd story/attic, barn storage and more. The apartment has it's own parking separate from the commercial space, which also includes 6+ striped parking spaces. Union Ave has a very high traffic count with high visibility for your future business. Apartment building is fully rented with long term tenants and an in-house maintenance person that also does the landscaping and snow-removal for a reduced rent. The commercial space is vacant and holds many opportunities (and will increase your income once filled) BONUS: This property has views of Paugus Bay, is in walking distance to many restaurants, hardware store, convenience store, and is down the street to shopping and all your grocery needs. Discover the possibilities this property can hold for your business or investment portfolio. Call for a showing today! Please allow for 48 hour notice for showings, unless you can attend a scheduled group showing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $507 | $507 | $507 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,335 | $2,305 | $2,989 |
Total Monthly Payment | $2,916 | $2,886 | $3,570 |
* 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.