Buy this 4 Unit Building with a LOW down payment FHA loan and Live rent-free or nearly rent-free. If you would like to stop paying rent and start building wealth with an investment property, this could be your opportunity! Join the thousands of other average folks who are investing in real estate and start down the road toward financial freedom. If you're interested in being an active investor and building a portfolio of properties, after 1 year as an owner occupant , you can move out and keep the building as a pure income property, keep the FHA mortgage in place and buy a new property to live in.Buy as an owner-occupant with an FHA 3.5% down payment depending on the program. Your down payment can come from a gift from family, friend, employer with an FHA mortgage. There is also a down payment assistance program available through NH Housing. While some assistance with closing costs is available from owner, OWNER FINANCING IS NOT. I know great mortgage loan officers who can help you with the financing options. A one bedroom and a three bedroom unit are becoming vacant on July 1st. Take your pick of one of the units to live in, depending on your space requirements, and rent the other. The other two units are rented. Units rent quickly in this building.Each tenant pays their own electricity, heat and hot water. Each unit has off-street parking and a separate storage room accessed from the outside. One of the occupied 3 bedrooms has a washer/dryer hookup and a washer dryer hookup in the basement is mostly complete. This property is conveniently located in Greenville center and has town water and sewer.I've done lots of work on the property since I've owned it and there are still a few things to do, but the cash flow from the property will pay for these projects. I can't swing a hammer and have had all the work professionally done, but if you're in the trades or just handy, you could save lots of money in maintenance costs, adding to your bottom line. Work is about to commence on a brand new deck that provides access to the two 2nd floor units.# of Three Bedroom Units: 2; # of 2 Bedroom Units: 1; # of One Bedroom Units: 1. Owner is a licensed agent.
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