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Presented by![]() Catherine Thompson |
OPEN HOUSE CANCELLED!! SELLER IS IN RECEIPT OF MULITPLE OFFERS. This expansive duplex in downtown Manchester is a fantastic investment opportunity. The building is in great shape, offering two spacious units with excellent amenities. The first-floor unit is bright and airy, featuring two bedrooms, a massive living room, a dining area, and a kitchen. It also includes direct access to the basement and its own garage bay. The second-floor unit is equally impressive, boasting three bedrooms, a kitchen, and a living room, along with private access to its own garage bay. With off-street parking for four vehicles and separate laundry for each unit, convenience is key. Both units are currently leased, making this a prime addition to any investment portfolio or an ideal first property. Don’t miss out on this incredible opportunity! First showings are Saturday March 1st at the open house! Showings during open house times ONLY!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $545 | $545 | $545 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,589 | $2,689 | $3,423 |
Total Monthly Payment | $3,209 | $3,309 | $4,043 |
* 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.