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Presented by
The Goodrich Team |
654 Cranston Street, Providence, RI, 02907 | $699,900
Don't miss this rare opportunity to own a West End three-family home that combines timeless character with flexible investment potential. Featuring a distinctive Mansard roof and classic architectural details, each sizeable unit offers three bedrooms and one bath, providing spacious layouts and strong rental appeal. Located in a commercially zoned area with excellent street-front exposure, this property is ideal for mixed-use possibilities, possible small business ventures, or continued residential rental income. The first-floor unit is vacant and ready for immediate occupancy or conversion, while the second and third-floor units are currently rented month-to-month, offering flexibility for owner-occupants or investors. All units have separate utilities. 3 Gas fired furnaces and 3 hot water tanks. Additional highlights include parking for up to five cars, a rare amenity in this sought-after neighborhood, and a prime West End location close to shops, restaurants, schools, and public transportation, and just a few minutes to the highway Rt10, which connects with downtown, Rt6, Rt95, Rt195 and Rt146! This property offers the perfect blend of income potential, visibility, and versatility a true West End classic with commercial opportunity! Come look and make an offer! Don't miss out on this amazing opportunity!
Features
- Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Pool,Public Transportation,Recreation Area,Restaurant,Shopping,Sidewalks
- Rooms: 15
- Bedrooms: 9
- Baths: 3 full
- Units: 3
- Year Built: 1920
- Garage: No Garage
- Heating: Baseboard,Gas
- Cooling: None
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Acreage: 0.1
- Est. Taxes: $6,615
- Appliances: Gas Water Heater,Oven,Range,Refrigerator,Water Heater
- MLS#: 1400845
- Website: https://www.raveis.com
/prop/1400845/654cranstonstreet_providence_ri?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
The Goodrich TeamLuxury Properties Specialist
860.518.3066
Meg.Goodrich@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1014636
860.463.1745
Russell.Baboff@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
Heidi SummaInsurance Sales Director, William Raveis Insurance
860.919.8074
Heidi.Summa@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
654 Cranston Street, Providence, RI, 02907
$699,900
The Goodrich Team
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.518.3066
Meg.Goodrich@raveis.com
Russell Baboff
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $559,920 | $559,920 | $559,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $551 | $551 | $551 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,312 | $3,493 | $4,575 |
| Total Monthly Payment | $3,955 | $4,136 | $5,218 |
* 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