WOW - CALLING ALL INVESTORS ON THIS ONE! Two houses on one lot. This turn key fully performing 8 unit property comprises a seven unit and a single family residence. This is the perfect income generating property that you do not want to miss! The main building features six 2 beds 1 bath units and one 1 bed 1 bath unit, with an average of 800 sqft per unit, while the rear building is a single family home featuring 3 beds and 1 bath with 978 square feet. On the outside, the property has been well maintained, in addition to the updated roof and driveways that offers ample room for all the tenants. Many new mechanicals throughout and updates done throughout the property. Investors looking for good long term equity and cash-flow, this is perfect for you.Tenants are responsible for their own utilities
47 Wood Avenue, Woonsocket, RI, 02895
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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