|
|
Here's an affordable 2-family to get you started on your investing journey, to help you pay the mortgage with a single tenant, or to convert into a single-family home with plenty of space. And what a location! You or your tenants will love the wide open space of Derryfield Park right across the street. With playground, ball fields, tennis courts, workout stations, and lots and lots of open field, it's one of Manchester's great spots for recreation and relaxation, with a great view of the sunset and fireworks. The property features some nice garden space, a 2-car garage, and plenty of parking and turnaround space so you don't have to back onto Bridge Street. The first floor is comprised of two bedrooms (one separated from the rest of the unit by a hallway), and the second floor has two bedrooms, with possible room for expansion into the large attic. Each unit has its own heat (hot water baseboard via oil on the first floor, electric on the second) and 200 amp electric panel, and both have a generator hook-up and their own laundry. You won't have to worry too much about systems to start out, since the boiler is about 6 years old and serviced annually, and the roof is just a year old. Instead you can massage and polish some of the lovely period features--like the wood floors, natural woodwork, the beautiful fireplace mantle on the first floor--to really bring the property to life. Perched on the edge of the Hanover Hill neighborhood, in addition to the park you're around the corner from Derryfield Country Club and golf course (great sledding hill!), Trinity High School, Jerome's Deli, and just a couple of blocks from I-93, so commuting is easy. Schedule a showing or visit the open house and check it out for yourself! OPEN HOUSES: Sat, 7/11, 10am-Noon, and Sun, 7/12, 11am-1pm.
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/10/2026Our 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 Executive Mortgage Banker:
Our Insurance Division:
$499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.650% | 5.972% |
| Monthly Tax Payment | $585 | $585 | $585 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,426 | $2,523 | $3,315 |
| Total Monthly Payment | $3,086 | $3,183 | $3,975 |
* 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.