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33 Lisbon Road is a wonderful 19th century 3-unit multifamily home in the quaint town of Bath. This investment opportunity offers a great potential for owners looking to live in one unit and rent out the other two. Conveniently located within easy walking distance of the town center and Bath village school it will give you a feeling of classic New-England small town charm. This location is only a short 20 minute drive away from Littleton which offers access to shops, dining and other activities. For those into outdoor activities the Ammonoosuc Trail is just down the street on the other side of the Historic Bath covered bridge. There various hiking trails and for winter sports Cannon Mountain is nearby. Inside this home on the 1st floor you will find a common area with entry to all units from here. Two units are on the lower level and the third unit is on the second floor. The first unit is a 2 bedroom, 1 bath that has a stairway up to utilize a portion of the second floor for the second bedroom with potential to easily make a 3rd bedroom up here with some reworking. Unit 2 is a 1 bedroom, 1 bath with a possibility of having a 2nd bedroom. Upstairs from the common area you will find unit 3; a 3 bedroom, 1 bath unit which is currently occupied by a long term tenant. Also as a bonus there is access to an unfinished space on the third floor that could be an option become a 4th unit if permissible or could serve well for storage uses.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $271,920 | $271,920 | $271,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $525 | $525 | $525 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,502 | $1,609 | $2,168 |
| Total Monthly Payment | $2,102 | $2,209 | $2,768 |
* 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.