Discover the perfect owner-occupied residence or investment opportunity in the heart of Federal Hill! This well-kept 2-family home offers a host of updates, including renovated kitchens and bathrooms, freshly repainted interiors, and 2 new Navien high-efficiency heat/hot water systems. The first floor features a charming 1-bed unit, ideal for long- or short-term tenants rental options. Meanwhile, the versatile second floor could serve as a fantastic owner's unit, or provide additional rental income. Additionally the unfinished third floor offers incredible expansion potential; think: a fantastic townhouse unit with a primary suite, which would add even more value to this already great property. Outside, enjoy ample off-street parking and a sweet side yard, perfect for outdoor gatherings or simply relaxing in the sunshine. Located between Atwells Ave and Broadway, and seconds from Downtown, this is an incredible opportunity to be moments away from Providence's most vibrant shops, cafes, and restaurants. You'll also have easy access to highways and the train station, making travel and commuting a breeze.
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Our Executive Mortgage Banker:
Our Insurance Division:
$459,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $367,200 | $367,200 | $367,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $328 | $328 | $328 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,505 | $2,441 | $3,099 |
Total Monthly Payment | $2,908 | $2,844 | $3,502 |
* 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.