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This 3 unit apartment building near Lake Opechee is making it's debut being listed publicly for the first time. There is one (3) bedroom units on the first floor, one (2) bedroom unit on the 2nd floor, and one (1) bedroom unit on the 3rd floor, all fully renovated in 2019 and also fully rented with one-year leases. Coin-op laundry in common area hallway. Basement for use by owner's only. Parking for 2 cars per unit. Spacious grassy yard outback can be enjoyed by tenants, or may be used to maximize density up to 4 additional units per zoning with special exception in Urban Commercial Zoning(Buyer's and agents to do their own due diligence) Updates include: New furnace, full reno & appliances on Unit 1; Partial reno & new appliances in Unit 2; Full Reno & new appliances/furnace Unit 3. New electrical services all units 100 amp each, rebuilt front deck, updated electrical & water added for coin-op washer & dryer hook-up, and more. Centrally located less than half a mile to Downtown Laconia, less than a mile to Vista Foods (Grocery) and Route 3/ Union Ave & close to K-12 schools makes it a short commute to great businesses near by, as well as the hospital and Opechee Park & boat ramp. Additional photos of units empty available upon request. Limited parking ask agent for details. Schedule your showing today! Sold As-Is. Also listed from owners portfolio, please see listing #5033320. Agent Interest & Related to Seller. Ask agent for details.
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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% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $393 | $393 | $393 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,402 | $2,496 | $3,181 |
Total Monthly Payment | $2,870 | $2,964 | $3,649 |
* 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.