79 87 Washington Street, #207, Providence, RI, 02903 | $299,000

Loft in the heart of Downtown Providence. Highly sought after, one bed one bath unit in the center of the Art & Entertainment district. Located in the heart of Downtown near everything! The bedroom has glass French doors to separate the spaces, large kitchen island, high ceilings and plenty of light. Perfect in city location. Freshly painted; Currently occupied. Living Room - 15' x 9'10" Bedroom 12 x 11 This property has no parking, garage parking is available at Providence Place Mall or next Door at The Biltmore/Graduate for a fee or other lots in walking distance. New market coming soon to Washington st next door, walk to Trader Joe's, restaurants, clubs; convenient to colleges and Amtrack station. Currently rented for $1950 per month, lease converts to monthly at end of April.

Features

  • Heating: Forced Air,Gas
  • Cooling: Central Air
  • Amenities: Highway Access,Marina,Near Schools,Public Transportation,Restaurant,Shopping,Sidewalks
  • Rooms: 2
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: Downcity Arts and Ent. District
  • Year Built: 1900
  • Common Charge: $390 Monthly
  • Approx Sq. Feet: 577
  • Est. Taxes: $2,744
  • Lot Desc: Corner Lot
  • Pets Allowed: Yes
  • Appliances: Dishwasher,Electric Water Heater,Disposal,Oven,Range,Refrigerator,Range Hood
  • MLS#: 1356177
  • Website: https://www.raveis.com
    /prop/1356177/7987washingtonstreet_providence_ri?source=qrflyer
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Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Domain Properties   Phone: 401-331-7100

William Raveis Family of Services

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888.699.8876

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

79 87 Washington Street, #207, Providence, RI, 02903

$299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $239,200 $239,200 $239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.159% 6.538%
Monthly Tax Payment $229 $229 $229
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,632 $1,590 $2,051
Total Monthly Payment $1,936 $1,894 $2,355

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.