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Discover a versatile gem nestled in a serene country setting, perfect for first time home buyers, investors, small business owners and work-from-home professionals. Parents, invest those room and board dollars while your student attends PSU! This unique property boasts a charming 1-bedroom rental apartment with a seperate adaptable office space unit on the first floor with three offices/conference rooms, a welcoming reception area, kitchenette and a convenient half bath. Embrace the flexibility this property offers; occupy the cozy upper-level living space and establish your business footprint below, lease both units for maximum revenue, or explore conversion possibilities to tailor it to your needs. Strategically located near Tenney Mountain Highway, yet set on a generous country lot that exudes tranquility. Just 3 miles from the Plymouth State Campus. Additional perks include proximity to recreational delights—right across from Husky Recreation Field and a short walk to the picturesque Baker River and historic Smith Millenium Covered Bridge (#44). Parking is plentiful with five+ available spaces, accommodating both residential and commercial visitors. For a detailed understanding of the opportunities this property presents, contact us for zoning permitted uses. Don't miss this chance to capitalize on a property that offers so much flexibility!
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William Raveis Real Estate
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Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $687 | $687 | $687 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,402 | $2,528 | $3,207 |
Total Monthly Payment | $3,164 | $3,290 | $3,969 |
* 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.