Excellent opportunity to own a large multi family close to the heart of downtown Goffstown. Steps away from the local elementary school this property is in the perfect location. Already in excellent condition but with massive potential to go up in unit size and quality. This property is currently being utilized as a two family but has the space, utilities, and egresses to be easily converted to a three family. With close to 4, 000 livable square feet there’s plenty of room consider adding an additional unit. As is it’s a great opportunity for a buyer to live essentially mortgage free while occupying the second floor and renting out the first. This is a rare opportunity as there is very little currently available on the market now that can compare. This property is priced aggressively and priced to sell. To the savvy homeowner or real estate investor, you’ve found the right one.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $539,200 | $539,200 | $539,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $812 | $812 | $812 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,587 | $3,633 | $4,623 |
Total Monthly Payment | $4,491 | $4,537 | $5,527 |
* 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.