1501 Lonsdale Ave was formerly a funeral home boasting 8,764 square feet with an attached carriage house of 3,640 square feet inclusive of a 1,472 square foot garage. This property proudly sits on a 1.3 acre lot capable of fitting 20+ cars in its expansive parking lot. This property is uniquely zone for residential, multi-family, temporary lodging, and mixed use. This legacy property has immense potential in the suburban metropolitan Providence area.
1.3 acre lot
Building 1: 8,764 square feet
Building 2: 3,640 square feet
1,472 square foot garage
Conversion potential
20+ parking spaces
10 minutes from Providence, RI
1501 Lonsdale Avenue, Lincoln, RI, 02865
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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