**Back on market due to Buyer's 1031 exchange** Discover the timeless allure of 369 Thayer Street, a captivating home built in 1872 by renowned architect George L. Clarke. Nestled in the heart of Providence, this unique property blends historic character with endless possibilities. Exposed brick walls, rustic wooden beams, and soaring skylights create a warm, inviting ambiance, while large, beautiful windows flood the space with natural light. The property boasts a spacious yard, a rare find in the city, and includes two dedicated parking space. High demand rental near Brown University, leased for $8,575/month. Zero vacancy. NOI of $86,232 for a 7.2 cap rate. Leased 9 months in advance each year
Contact listing agent for buyer broker compensation if applicable.
369 Thayer Street, Providence, RI, 02906
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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