A fantastic opportunity awaits in Providence's Silver Lake neighborhood! This versatile two-family property is a great addition to any investment portfolio, offering solid rental income potential and a desirable unit mix.
Unit 1 provides a comfortable layout featuring 2 bedrooms and 1 full bathroom.
Unit 2 offers generous living space with 3 bedrooms and 1 full bathroom. This unit's appeal is significantly boosted by additional finished living space on the third level, giving it a unique townhouse feel that commands strong interest from tenants.
**Sale is contingent upon subdivision of the adjacent lot, with final acreage to be determined by survey and local approvals.**
36 Moorefield Street, Providence, RI, 02909
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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