Incredible investment and development opportunity in the heart of downtown Pawtucket! This prime property features a 4,000+ sq. ft. retail unit on the first floor, offering substantial visibility and foot traffic. The remaining four floors, spanning over 17,000 sq. ft., are primed for transformation into 28 residential units, catering to the growing demand for housing in this vibrant, evolving area. With a strong foundation in place, this project offers a blank canvas to finish and customize the space for modern living. The location is unbeatable, just minutes from key amenities, transit, and the area's future growth prospects. Don't miss this rare chance to capitalize on a highly sought-after location in a rapidly developing market. Perfect for experienced investors or developers looking to make a lasting impact on downtown Pawtucket's landscape.
255 Main Street, Pawtucket, RI, 02860
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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