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Charming & Updated Multi-Family Home – 7 Ritter Street, Nashua Discover the perfect investment opportunity or owner-occupied multi-family home in a prime Nashua location! This well-maintained property features two spacious units, each offering unique living spaces and modern updates. The first-floor unit boasts comfortable living areas with access to the basement for additional storage or workspace, as well as exclusive use of the backyard. The second-floor unit has been thoughtfully updated, with the added bonus of expanded attic space, now transformed into two versatile rooms—ideal for storage, a home office, or creative use. Recent improvements include updates to the upper-level unit, ensuring modern convenience while maintaining the home’s original charm. Whether you're looking to generate rental income or live in one unit while renting the other, this property offers flexibility and value. Located in a desirable area close to shopping, dining, and major routes, 7 Ritter Street is a must-see! Don’t miss this opportunity—Showings to begin at Open House Saturday 4/5 12-2pm
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $681 | $681 | $681 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,990 | $3,148 | $4,011 |
Total Monthly Payment | $3,763 | $3,921 | $4,784 |
* 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.