|
6 Smith Court & 546 Main Street, Farmington, NH, 03835 | $774,000
These two wel-maintained buildings offer a prime investment opportunity or a way to reduce your mortgage. The first building features an up-and -down duplex, with spacious 3-bedroom units on each floor. The lower unit has been recently renovated with a full bathroom, new carpets, hardwood floors, and a modern kitchen with new stainless steel appliances. The upper unit also offers 3 bedrooms, wood kitchen cabinets, and hardwood floors, plus a second-floor balcony for enjoying warm summer days. The second building includes a one-bedroom lower unit with sleek gray kitchen cabinets, stainless steel appliances, and luxury vinyl flooring. The upper unit spans two levels with 3+ bedrooms and spacious living areas. Both buildings boast a young roof, fresh siding and separate utilities, with a new propane gas boiler and ample parking. Located within walking distance to downtown, and with easy access to the seacoast, lakes, mountains, and major highways, this property offers excellent rental potential or a way to offset your mortgage. With a potential cap rate of 10. 93%, it’s a rare opportunity that won’t last long!
Features
- Baths: 4 full
- Units: 4
- Style: Multi-Family
- Year Built: 1900
- Heating: Propane,Oil,Baseboard,Electric
- Cooling: Other
- Basement: Interior Access
- Approx Sq. Feet: 3,895
- Acreage: 0.12
- Lot Desc: Level
- School District: Farmington Sch Dist SAU #61
- MLS#: 5027267
- Website: https://www.raveis.com
/prop/5027267/6smithcourtand546mainstreet_farmington_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 1/29/2025Listing courtesy of Keller Williams Coastal Realty Phone: 603-610-8500
Listing Agent: Michael Whitney
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6 Smith Court & 546 Main Street, Farmington, NH, 03835
$774,000
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 | $619,200 | $619,200 | $619,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.204% | 7.159% | 6.256% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,068 | $4,115 | $5,222 |
| Total Monthly Payment | $4,160 | $4,207 | $5,314 |
* 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