Do not miss this exceptional opportunity to own a charming 2. 5-story two-family home in desirable North Nashua! Perfect for investors or owner-occupants, this property boasts separate utilities and off-street parking. The first-floor unit offers three bedrooms, two bathrooms, and 1, 610 square feet, including a finished basement with its own entrance. Renovated kitchen and bathrooms (five years ago) add modern appeal. The second-floor unit, a townhouse-style, features four bedrooms, one bathroom, 1, 197 square feet, and recently updated kitchen and bathroom floors. This unit also includes a three-season porch. The property features a small, partially finished backyard for outdoor enjoyment. Both units include natural gas heat, with the second-floor furnace and both hot water tanks replaced five years ago. Washer/dryer hook-ups and sheds provide additional convenience and storage. Additional parking may be available out front with a city parking permit. Current cap rate is 6. 26%, with potential to increase to 7. 28% through optimized operating expenses and adjustments to rental terms. Conveniently located near downtown and highways, this property offers the perfect blend of comfort, functionality, and investment potential! Showings during the first week will be held at the open house: Friday, Jan. 17th, from 3: 30–5 PM; Saturday, Jan. 18th, from 11 AM–12: 30 PM; and Sunday, Jan. 19th, from 11 AM–12: 30 PM. Offer deadline Monday, Jan 20th at 5 PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $415,920 | $415,920 | $415,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $548 | $548 | $548 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,802 | $2,837 | $3,595 |
Total Monthly Payment | $3,442 | $3,477 | $4,235 |
* 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.