Incredible investment opportunity in Johnston to own a fully occupied 17-unit residential property rebuilt/ restored just 2 years ago with a strong waitlist and high tenant demand. Unit mix includes fifteen 1-bedroom units and two 2-bedroom units. Tenants pay utilities, providing efficient operating structure for investors. This boutique mill-style apartment community blends preserved industrial charm with modern enhancements, featuring exposed brickwork, updated finishes, on-site gym, community lounge areas, and even a dog spa. Ample off-street parking adds convenience for residents. Located in the heart of Johnston's historic village with easy access to shopping, dining, and services along Atwood Avenue. Close to Johnston Memorial Park and convenient to Route 6, Interstate 295, and Interstate 95. Short drive to Providence, Rhode Island College, and T.F. Green Airport.
64 Mill Street, Johnston, RI, 02919
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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