This mixed-use property offers a strong blend of residential comfort and commercial opportunity, making it an ideal investment or owner-occupied asset. Positioned along a visible street frontage, the building features two ground-level commercial units with large store front windows that provide excellent exposure and natural light- perfect for retail, office, or service-based businesses.
Above. the property includes two residential units spread across the upper floors. Each unit benefits from generous window lines, providing ample natural light and functional layouts suited for long term tenants or short term rental potential. The top floor features a private balcony, adding a desirable outdoor living space and enhancing tenant appeal.
Property also offers a large garage and additional off street parking.
1407 Broad Street, Providence, RI, 02905
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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