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Welcome to this charming 3-bedroom, 1-bath HUD home located in Pawtucket, Rhode Island, just minutes from the Massachusetts line! This property sits on a spacious double lot, offering plenty of room for outdoor living, gardening, or future expansion. Inside, you'll find a solid home with great bones perfect for a first-time homebuyer looking to build equity with some updates and personal touches. The layout offers a comfortable flow with a bright living area, eat-in kitchen, and three well-sized bedrooms. Conveniently located near highways, shopping, schools, and commuter routes, this home combines central accessibility with endless potential. With a little vision and effort, this could be your chance to create your dream home in one of Pawtucket's most convenient neighborhoods! FHA CASE# 451-201504, IE Escrow, LBP, Eligible for $100. 00 down incentive, Eligible for 203k financing, Sold AS IS by elec. bid only. Prop avail 03/12/26. Bids due Daily by 11: 59PM Central Time then daily until sold Property Bids Open for All Bidders
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$301,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $240,800 | $240,800 | $240,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $287 | $287 | $287 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,442 | $1,502 | $1,984 |
| Total Monthly Payment | $1,804 | $1,864 | $2,346 |
* 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.