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11 Central Street, Burrillville, RI, 02830 | $650,000
Now available for sale, this exceptional four-unit property in the sought-after neighborhood of Burrillville is the ideal opportunity for investors or owner-occupants. The building features a mix of unit types, including two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and a spacious 3-bedroom/1-bath unit, which is currently vacant and ideal for owner occupancy. The property has seen extensive exterior upgrades, including a brand-new plywood roof and new garage doors. Inside, each unit has been completely modernized and is move-in ready. A detached garage offers additional income potential and is currently rented out for $400 per month. There's also ample off-street parking, with space for up to six cars. Whether you're looking to live in one unit and rent the others or expand your real estate portfolio with a turn-key property, this is an excellent investment opportunity. Don't miss your chance to own this beautifully updated and income-generating property!
Features
- Rooms: 16
- Bedrooms: 7
- Baths: 4 full
- Units: 4
- Year Built: 1920
- Garage: 2-car Detached,Garage
- Heating: Baseboard,Hot Water,Individual,Oil
- Cooling: 1 Unit
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Acreage: 0.46
- Est. Taxes: $4,376
- Appliances: Oil Water Heater,Tankless Water Heater
- MLS#: 1397742
- Website: https://www.raveis.com
/prop/1397742/11centralstreet_burrillville_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
11 Central Street, Burrillville, RI, 02830
$650,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.583% | 6.533% | 5.764% |
| Monthly Tax Payment | $365 | $365 | $365 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,076 | $3,244 | $4,246 |
| Total Monthly Payment | $3,533 | $3,701 | $4,703 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB