Warren, RI – 5-Unit Multi-Family Investment Opportunity Well-located 5-unit property consisting of two separate buildings, just a short walk to downtown Warren and the historic Water Street district. Enjoy close proximity to popular restaurants, the East Bay Bike Path, and convenient public transportation—with a bus line to Providence and Newport only 150 feet from the property. The front building features three units, including a spacious owner-occupied unit along with two rental units. The rear building offers two additional units, providing a strong and flexible income setup. Tenants and owners alike will appreciate the easy 10-minute walk to downtown amenities, making this an attractive and highly rentable location. Property boasts a solid rental history, making it an excellent opportunity for both investors and owner-occupants.
126 Main Street, Warren, RI, 02885
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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