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Own a piece of history in this 1796 colonial, built by Elisha Moore, a 4-unit investment property on . 77 acre. Included a one-car garage with bay, a loft above the garage that can be used for crafting, office, man's cave, storage, or additional income, with plenty of parking for tenants/guests. This current owner started renovations, but could not complete them. When the home was purchased in 2021, the main unit consisted of ~2200 sqft with 3 bedrooms & 2 baths with separate entrances from the rest of the house. The front building is divided into 3 separate units, each with a kitchen, Living area, one bedroom & bath. Live in the main unit and rent the other 3. There is a brick outbuilding that can also be used as additional storage. Two of the units have been gutted/partially reframed and the floors removed, and never completed. You can change the floor plan. With a stand-up attic possibly be expanded with additional rooms. Great property for an investor looking to restore a priceless piece of history. A lot of potential for someone creative, patient, and accepts a rewarding challenge. The home is being sold AS-IS. Home inspections for informational purposes only. Plumbing does not work. A hold harmless is required for all showings. This home has no restrictions and does not currently have a historic designation. However, it may be eligible if you wish, contact the town. There could be an opportunity to split up the main unit (2200 sq. ft. ) into multiple units. Visit the property to have a clearer picture of the work needed to restore the units.
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NMLS Mortgage Loan Originator ID 81725
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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 | $279,920 | $279,920 | $279,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $578 | $578 | $578 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,676 | $1,746 | $2,306 |
| Total Monthly Payment | $2,329 | $2,399 | $2,959 |
* 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.