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Extraordinary adaptive reuse opportunity for forward-thinking investors and/or may remain a religious institution. This architecturally distinctive, three parcel, landmark property in prime urban location, near Seekonk River and Old Slater Mill, offers seamless expansion potential, abundant on-site parking, easy highway and commuter rail access. It is comprised of 30 Walcott Street (12, 115 sq. ft. ): towering, elegant sanctuary with a grand entrance, magnificent staircases, upper level choir gallery, balcony seating, and soaring, loft-like attic, stunning stained glass windows, finished basement with multipurpose rooms and oversized windows on 16, 578 sq. ft. lot, adjoined by 46 Walcott Street (15, 656 square foot) striking, brick building constructed in 1900: office/parsonage: three clergy apartments, numerous offices, classrooms, a high-ceilinged auditorium with dramatic windows, stage, and former balcony seating enclosed for supplemental storage, sizable kitchen, mini gymnasium/basketball court, and original, two lane bowling alley on 9, 627 sq. ft. lot, capped with ample parking at 107 Broadway (29, 378 sq. ft. lot). Three parcel package in RM Zone. Property requires work and is being sold Where is-As is condition. Buyer is responsible for obtaining required approvals and permits for intended work and/or use variance. Please DO NOT walk the property (equipped with security cameras. ) - call listing agent to schedule a showing for qualified buyers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,197 | $7,937 | $11,112 |
| Total Monthly Payment | $7,322 | $8,062 | $11,237 |
* 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.