Exceptional Multi-Building Investment Opportunity. Whether you're expanding your portfolio or seeking a versatile mixed-use investment, 21–27 Pike Street offers instant, strong cash flow, multiple income streams, and additional value-add potential in one unique package. Property featuring 7 occupied residential units and 1 commercial unit across three separate buildings. The property consists of one two-family building with up-and-down units; one duplex with two residential units; one mixed-use building featuring 3 residential units, 1 commercial storefront (formerly operated as a bakery), and additional finished space with the potential to be converted into another rental unit, subject to buyer due diligence and approvals. All residential units are currently occupied, providing immediate rental income. The commercial space is vacant, creating an excellent opportunity for an owner-user, investor, or business tenant to maximize returns. The additional finished space presents further ups
21 25 27 Pike Street, West Warwick, RI, 02893
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
