Solid masonry building with 14' overhead door and high ceilings on 4,000 SF lot. Roof is 10 years young. Survey and environmental in hand. Wide open and suitable for many uses including residential conversion. Zoned R3. Currently permitted for vehicle storage. Special use permit allows for a variety of neighborhood commercial establishments including office, personal service, restaurant and/or retail. C2 zone change also possible. Seller financing available. Conveniently located near PC and minutes to I-95.
Complex:
Providence College, Oakland
Permitted Use
Commercial,Multi-Family,Mixed Use,Office,Place of Worship
Construction
Brick,Masonry
Utilities
Electricity Available,Natural Gas Available,Municipal Utilities,Water Connected
Amenities:
Near Schools, Public Transportation
461 Douglas Avenue, Providence, RI, 02908
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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