70 & 74 Whitcher Road, Newport, NH, 03773 | $649,900

Commercial auto garage and house for sale on 2 separate lots with heated outbuilding for atvs, side by side's, toys, small car etc. The commercial garage has 3 interior lifts (one is a vehicle alignment machine) inside and a 4th lift outside. Used oil FHA heating system installed in the garage. You can fit a lot of toys in this commercial garage. The 3 bedroom 1 full bath home was built in 1932 and has 3 covered porches. One is the mud room to the kitchen, one has a great old stone fireplace and then there is a front screened in porch. This home is mainly heated with a pellet stove but has an oil furnace in the basement. The 2 lots combine for 9. 9+/- acres with some forest and a small pond. One can easily turn a tractor trailer around on this property. Also listed as Residential, please see MLS#5021458 for more information about the house.

Features

  • Property Type: Business,Opportunity,Other
  • Parking: Driveway,Garage,Off Street,Parking Spaces 21+,Unpaved
  • Heating: Hot Air,Other
  • Zoning: R40 R
  • Frontage: 256
  • Acreage: 9.9
  • Est. Taxes: $9,017
  • MLS#: 5021465
  • Website: https://www.raveis.com
    /prop/5021465/70and74whitcherroad_newport_nh?source=qrflyer
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Listing courtesy of Vanessa Stone Real Estate   Phone: 603-632-5757
Listing Agent: Sam Vidal

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70 & 74 Whitcher Road, Newport, NH, 03773

$649,900

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 $519,920 $519,920 $519,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $751 $751 $751
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,503 $3,456 $4,385
Total Monthly Payment $4,346 $4,299 $5,228

* 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.