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Welcome to this charming and well-maintained 2-unit multifamily home located in Manchester’s highly desirable North End. Each unit features 2 bedrooms, 1 full bathroom, and a screened-in porch, offering both comfort and timeless character. The first-floor unit is currently owner-occupied and includes a spacious living room, a dining room with hardwood flooring, and laminate flooring in the kitchen—move-in ready for continued owner use or future rental potential. The second-floor unit is tenant-occupied and highlights refinished hardwood floors throughout, large windows, beautiful natural light, and classic architectural details that add warmth and appeal. Recent updates include a new roof, a new sewer line, and several cosmetic improvements that contribute to the home’s long-term value. Situated on a corner lot, the property also offers 4 off-street parking spaces, vinyl siding, a fenced-in side yard, and a prime location close to downtown Manchester, shopping, restaurants, and major highways. This is an excellent opportunity to own a classic North End multifamily in a strong rental and resale market. Showings begin at Open Houses: Saturday (4/12) and Sunday (4/13) from 11: 00 AM to 1: 00 PM. All offers due Monday (4/14) at 2PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $427,920 | $427,920 | $427,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $499 | $499 | $499 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,670 | $2,811 | $3,582 |
Total Monthly Payment | $3,261 | $3,402 | $4,173 |
* 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.