Rare investment opportunity in the heart of Providence's desirable College Hill neighborhood! This well-maintained 6-unit multifamily property features five spacious 2-bedroom units and one generous 3-bedroom unit all fully occupied with a strong rental history and reliable long-term tenants. Located on the vibrant East Side, just minutes from Downtown Providence, Brown University, RISD, and local amenities, this property offers unmatched convenience and charm. New roof and new fire alarm system. Each unit boasts unique character, with well-kept interiors and stable cash flow, making it an ideal choice for investors seeking both value and location. The building has been attentively cared for, reflecting pride of ownership throughout. With high demand for rentals in this sought-after neighborhood, this turnkey property is a prime addition to any investment portfolio. Don't miss out on this rare College Hill gem with excellent proximity to everything Providence has to offer!
176 Williams 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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