Presenting an exceptional investment opportunity in Plaistow, NH! This versatile 2-unit property, is awaiting your entrepreneurial vision. Situated on a high-traffic road, this property offers excellent visibility and accessibility. Located within a residential zone, this property also offers the potential for residential conversion, adding further value to this standout investment. Currently featuring two separate units, this property is awaiting your entrepreneurial vision. While not currently rented or operating as any specific business, this property was previously operating as a retail shoe store. Unit 1 offers a spacious layout and Unit 2 presents a blank canvas for customization. Opening a business on this property will require town Zoning board approval, providing an opportunity for the new owner to tailor the space to their specific needs and secure necessary permits. Recent renovations, including a brand new parking lot, siding, roof, windows, flooring, and heating systems, ensure a modern and welcoming environment for potential tenants or businesses. Buyers and buyer’s agents are responsible for all due diligence. Back on market due to buyers cold feet.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $493 | $493 | $493 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,723 | $2,689 | $3,423 |
Total Monthly Payment | $3,291 | $3,257 | $3,991 |
* 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.