Historic buildings abound in New England. This property is part of that legacy. The local hardware store Maxfield’s got their start in this building over 100 years ago. Originally built in 1870, this structure has been an icon on this corner for 153 years. 2 Retail shops occupy the ground floor, while 3 residential apartments occupy the second floor, along with some owner storage. Two of these apartments have had recent renovations and are in terrific condition. The owner has said these two usually pay their rent a week early. Some of that storage could be added to one of the apartments to create a spacious primary suit for one of the apartments, increasing the ROI. (check with the town). The third floor-attic space is accessed by a pull-down ladder, but the entire 3rd floor is wide open, with a very tall clearance to the roof. Get your imagination dreaming of what this open unused space could be. In the "business end of things” in the basement there is a new Buderus boiler that heats the entire building along with the remainder of the utility connections. Pittsfield is home to the famous Pittsfield Rotary Hot Air Balloon Festival held at the beginning of August every year at Drake Park. Drake Park is an 11 acre park on the Suncook River, on the edge of town. There are tennis courts, Baseball diamond, soccer field, basketball courts and a walking trail along the Suncook. Commuting to Concord is less than a half hour, Portsmouth is less than an hour.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Insurance Division:
$479,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $383,200 | $383,200 | $383,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.538% |
Monthly Tax Payment | $429 | $429 | $429 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,614 | $2,547 | $3,286 |
Total Monthly Payment | $3,118 | $3,051 | $3,790 |
* 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.