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29-31 Elm Street, #29 and 31, Newmarket, NH, 03857 | $699,000
Large Duplex For Sale. Investment or Owner Occupancy possible. Purchasing this property can be a great way to own your home, and gain income to apply to your mortgage. 29-31 Elm Street is a duplex with 4 bedrooms in each unit. Both units were recently renovated, and have tenants in place. Unit 29 is Leased to end of April 2025, and Unit 31 is leased through end of June with stable tenants. Unit 29 is 4 bedroom, two bathrooms, with new appliances in April 2024 including new washer & dryer, new kitchen cabinets and countertops, new fridge & stove, new floors, new interior doors, pretty much a full renovation. Unit 31 was fully renovated before occupancy at July 1 2024 and is in great shape, and also with newer appliances. The basement (non-separated) had a newly poured cement floor in 2024, two buried sump pumps, two propane fired heaters, Hot water heaters, separated electric for each unit. Both units are currently Tenant occupied, and showings are restricted to Mondays thru Fridays between 9: 30am and 5: 00pm.
Features
- Baths: 2 full
- Units: 2
- Style: Duplex
- Year Built: 1900
- Heating: Propane,Forced Air
- Cooling: None
- Basement: Concrete Floor,Full,Stairs - Exterior,Stairs - Interior,Unfinished
- Approx Sq. Feet: 2,655
- Acreage: 0.08
- Lot Desc: Level
- Elem. School: Newmarket Elem School
- Middle School: Newmarket Junior High School
- High School: Newmarket Senior HS
- School District: Newmarket SAU #31
- MLS#: 5026077
- Website: https://www.raveis.com
/prop/5026077/2931elmstreet_newmarket_nh?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/9/2025Listing courtesy of KW Coastal and Lakes & Mountains Realty/Dover Phone: 603-610-8500
Listing Agent: Gerry OConnell
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
29-31 Elm Street, #29 and 31, Newmarket, NH, 03857
$699,000
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 | $559,200 | $559,200 | $559,200 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,720 | $3,767 | $4,795 |
| Total Monthly Payment | $3,812 | $3,859 | $4,887 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NH Mortgage Banker #11083-MB