Opportunity knocks in the heart of Providence! This R-3 zoned vacant lot at 85 Ledge Street offers an excellent chance to build in one of the city's most accessible and rapidly developing neighborhoods. Seller to complete survey prior to closing, with a lot line adjustment anticipated of approximately 5 feet. Currently estimated at ~3,350 sq. ft. (to be adjusted), this parcel provides flexibility for multifamily, townhouse, or single-family development subject to city approval. City water, sewer, gas, and electric are all nearby, and the location can't be beat just minutes to downtown Providence, commuter routes (95 & 146), local parks, restaurants, and shopping. Whether you're a builder, investor, or future homeowner, this property offers a rare combination of location, zoning, and potential in a market where developable land is increasingly hard to find.
Subdivision:
Charles/North End
Utilities
Electricity Available,Natural Gas Available,Water Available
Lot Description:
Multiple lots,Level
Amenities:
Highway Access, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
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Listing courtesy of Real Broker, LLC 855-450-0442
85 Ledge Street, Providence, RI, 02904
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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