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Presented by
Deb Noone |
Great Investment or owner occupied opportunity at 512 River Street in Haverhill! This well maintained muti-family property property features 3 units, each offering 2 spacious bedrooms, generously sized kitchens and comfortable living spaces. The first floor unit stands out with a center island and double oven- perfect for cooking, entertaining, or added convenience. All three units offer functional layouts with ample room sizes that appeal to long-term tenants and owner-occupants alike. This property has a strong rental history with long-term tenants in place, providing immediate income potential. Separate utilities add ease for management and expense control. Set on a nice lot with plenty of parking, this property offers both outdoor space and practicality. Additional highlights include roof replaced, heating system & water heaters. Potential for future condo conversion- ideal for investors looking to maximize value over time (buyer to verify feasibility). Group showing 4/11 11 to 1
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Our Executive Mortgage Banker:
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$799,000
REALTOR
William Raveis Real Estate
Phone: 978.590.7547
Deb.Noone@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $587 | $587 | $587 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,781 | $3,884 | $5,180 |
| Total Monthly Payment | $4,460 | $4,563 | $5,859 |
* 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.