Class A office building, built 1988, conveniently located Hartford, VT, within minutes of I-91 & 89, downtowns of Hanover (NH), White River Jct. (VT), Lebanon and W. Lebanon (NH), and Norwich (VT). Building contains 7 private offices, 2 conference rooms, library, full kitchen and break room, 3/4 and 1/2 baths, 2 reception areas, and large storage room (building square footage cited includes unfinished storage room, approx. 523 sf). 12 parking spaces supplied. Perfectly suited for a professional firm, BUT ALSO HAS POTENTIAL TO CONVERT TO RESIDENTIAL--EITHER SINGLE-FAMILY (permitted use) OR DUPLEX (conditional use). The property lies in a R3 Zone, so, is non-conforming, grandfathered, but, according to Hartford Zoning Ordinance, current usage could be expanded up to 20%; lot is approx. 1. 28 acres, with town water and sewer (12000 sf minimum lot size required for single-family lots; 16000 for two dwelling units), there might be some subdivision potential for residential usage. Building is well-insulated, with relatively new HVAC systems. Sited on an open lot with pleasant views to NH hills and horse farm across the street, building gets great natural light. Roofing is metal standing seam, and siding is wood clapboard. Carpeted floors have newer installation in reception, hall, kitchen areas. Buyer could move right in. Law firm office equipment, desks, bookshelves, kitchen appliances, etc. are still in place, and could be purchased separately.
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Our Executive Mortgage Banker:
Our Insurance Division:
William Raveis Real Estate
VP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.375%||7.125%||7.000%|
|Interest Rate based on Index + Margin||8.125%|
|Annual Percentage Rate||7.531%||7.228%||7.167%|
|Monthly Tax Payment||$1,000||$1,000||$1,000|
|H/O Insurance Payment||$92||$92||$92|
|Initial Principal & Interest Pmt||$4,741||$5,120||$6,831|
|Total Monthly Payment||$5,833||$6,212||$7,923|
* 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.