Allenstown, NH 03275,46 Townhouse RD
Listed by Paul R Marino • WWW.FLATFEEMLS4FREE.COM
Bought with Victoria Welch • Keller Williams Realty Metro-Londonderry

$259,500

$265,000

2.1%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

2,062 SqFt


SOLD DATE : 08/31/2018

Key Details

Sold Price $259,500

Property Type Multi-Family

Sub Type Duplex,Garrison

Listing Status Sold

Purchase Type For Sale

Square Footage 2,062 sqft

Price per Sqft $125

MLS Listing ID 4681057

Sold Date 08/31/18

Style Duplex,Garrison

Bedrooms 4

Full Baths 4

Construction Status Existing

Year Built 1985

Annual Tax Amount $5,523

Tax Year 2017

Lot Size 10,018 Sqft

Acres 0.23

Property Description

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.

Location

State NH

County Nh-merrimack

Area Nh-Merrimack

Zoning R1 - Residential 1

Rooms

Basement Entrance Walkout

Basement Concrete, Concrete Floor

Interior

Heating Electric

Cooling None

Flooring Carpet, Laminate, Vinyl

Exterior

Exterior Feature Vinyl Siding

Garage Other

Garage Spaces 1.0

Garage Description Driveway, Off Street

Roof Type Shingle - Asphalt

Building

Lot Description Level, Rolling

Story 2

Foundation Poured Concrete

Sewer Public Sewer On-Site

Water Public

Construction Status Existing

Schools

Elementary Schools Allenstown Elementary School

Middle Schools Armand R. Dupont School

High Schools Pembroke Academy

School District Allenstown

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