Allenstown NH Multi-Family Homes For Sale

35 Main, Allenstown, NH 03275

Price$355,000

Est. Mortgage: $/month

Active With Contract

MLS Number 4626926

  • Multifamily Multi-Family
  • Bathroom 6
  • Units 6
  • Acreage 0.64
  • Square Feet 3734

Solid investment with positive cash flow. Long term tenants in place this building is fully leased. Updates include boilers, electrical panels, some siding, portion of roof. All utilities are separate. Natural gas make it easy and efficient. Please refer to paperclip for specifics. .62 acres lot offers nice yard and ample off street parking. Building conveniently located minutes to manchester/hooksett/pembroke/concord. Walk to school, town or church. 24 hour notice minimum required to set up showings. Refer to mls 4634566

Listed by Suzan Hock of RE/MAX Insight/Manchester

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Hearthside Realty
53 Bay Street
Manchester NH, 03104
Office: 603.782.4618

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$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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46 - 48 Townhouse, Allenstown, NH 03275
Active With Contract

MLS Number 4681057

  • Multifamily Multi-Family
  • Units 2
  • Bathroom 2
  • Acreage 0.23
  • Square Feet 2062

CAN YOU AFFORD $202 A WEEK? This is a FANTASTIC OPPORTUNITY for the 1st time homeowner to own an AFFORDABLE, true side by side duplex in good condition, w/a SUPER LOCATION (5 mi. to I-93, 8 mi. to Concord, and 10 mi. to Manchester.) Located in a desirable, quiet neighborhood close to schools,stores, and services! Each unit offers 2 spacious bedrms, a kitchen,living rm, and good closet space. Both have their own individual entrance, private laundry hook-ups, a full walk out basement for each unit, a private deck, separate storage attic, and parking for 2 cars. Each has a half bath down, and a full bath up. Numerous bath updates, with new carpets on the rented side, and a new kitchen floor on the owner's side. Two new hot water heaters. U#46 is YOUR unit, while U#48 is your tenant unit, presently on a 12 mo. lease (expires 8/2018.) Current rent: $1,200 per mo. You could live for $202+/- per wk out of pocket. How? Let's do the math. You pick up an FHA loan, on a 3 ½% d-payment, finance $255,725. Principal & Interest, assuming a 4.25% interest rate, and you've got $1,258. Add $460 for real estate taxes, another $125 in haz. insurance, & $166+/- in pvt mortgage insurance. TOTAL: $2,009, but from a cash flow perspective, SUBTRACT $1,200 in mo. rent! ($2,009 - $1,200 = $809]. So, $809 per mo., or $202 per week, and you're living in this fantastic home for $29 a day OUT OF POCKET!. Check with your lender. You can likely include 75% of your tenant rent in your loan qualification.

Listed by Paul Marino of Landfall Properties LLC

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Hearthside Realty
53 Bay Street
Manchester NH, 03104
Office: 603.782.4618

Do not fill in this field:

Do not fill in this field:

$
$
%
$/month over payments
Federal 30-year interest rate: 4.62% last updated on Jun 14, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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