Discover an excellent investment opportunity with this 6-unit multifamily property located in the desirable North End of Providence. This well-positioned building features three spacious 3-bedroom units and three comfortable 2-bedroom units, offering strong rental appeal and versatility for a variety of tenant needs. The property sits in an ideal commuter location with quick and easy access to major highways, making travel throughout the city and beyond incredibly convenient. Residents will also appreciate the close proximity to everyday amenities, including shopping centers, restaurants, and public transportation. Whether you're an investor looking to expand your portfolio or a buyer seeking a property with steady income potential, this multifamily home presents a rare chance to own a well-located, high-demand asset in the heart of Providence.
62 Russo 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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