Prime commercial Gorham location on busy Rt 16/Rt 2 right next to McDonalds. Multiple office spaces available throughout the 2 story building. making it suitable for a variety of businesses. One half of the main floor space currently rented to a long time business. In addtion to numerous office spaces, stairs from the 2nd floor lead to a cozy one bedroom apt. offering even more income opportunity. Some areas of the upper floor, currently unfinished, could be completed to expand the apt or create even more office space. Ample parking both front and rear with a large rear yard that extends to along the Androscoggin River. Close to trails and all the attractions of the North Country and the White Mountains.
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William Raveis Real Estate
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Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,120 | $399,120 | $399,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $616 | $616 | $616 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,622 | $2,622 | $3,341 |
Total Monthly Payment | $3,313 | $3,313 | $4,032 |
* 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.