100-unit approved residential development. The ground development site, located directly behind the former St. Mary's school building, has full approvals for 100 units, including an underground garage. It is also located in an opportunity zone and is included in the National Register's Multiple Resource Area for historical tax credits. Some of the main features would include an environmentally clean and level site, close proximity to city utilities, and conveniently located close to I-95, the Pawtucket Central Falls Commuter Rail Station, the Tidewater Landing soccer stadium, and the East Side of Providence.
Subdivision:
Oak Hill | George Street
Permitted Use
Multi-Family,Residential
Utilities
Electricity Available,Natural Gas Available,Natural Gas Connected
Lot Description:
Paved,Level
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
163 George 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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