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498 Washington Street, Providence, RI, 02903 | $979,900
Unique Multi-family, Mixed Use opportunity on well-loved Washington St in the Armory/ Broadway neighborhood of Providence.
This Bright, West Side Multi includes 3 apartments plus a storefront. This home would be perfect for an AirBnB with a cafe on the ground floor. It is zoned C2 which allows for a wide range of uses. Bring your existing business or new start-up to this destination spot. Attention artists and plant lovers! Each apartment is flooded with sunlight throughout the day. Large kitchens face directly South for a warm and sunny exposure. Hallways and apartments have been freshly painted and are crisp, clean and chic. Each kitchen is equipped with new stainless appliances and most of the hardwood floors have either recently installed or refinished. Each apartment has separate, high efficiency heating systems and utilities are all individually metered. There is also a house meter and coin-op laundry in the basement. This home also features auto-on outdoor lighting and a car charger. The exterior siding is Hardy Board, a no-maintenance siding". This home is also completely up to current fire-code. Lastly, there is a free-standing garage with possible ADU potential.
Features
- Rooms: 16
- Bedrooms: 6
- Baths: 3 full / 1 half
- Units: 4
- Style: Stacked
- Year Built: 1900
- Garage: 2-car Detached,Garage
- Heating: Gas,Hot Water
- Cooling: Ductless
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Acreage: 0.1
- Est. Taxes: $8,078
- Appliances: Gas Water Heater
- MLS#: 1402672
- Website: https://www.raveis.com
/prop/1402672/498washingtonstreet_providence_ri?source=qrflyer
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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.
Customer Service
888.699.8876
Contact@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.
Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2104486
860.625.5780
Brianna.Turgeon@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
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
498 Washington Street, Providence, RI, 02903
$979,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brianna Turgeon
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $783,920 | $783,920 | $783,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.973% | 5.858% | 5.681% |
| Monthly Tax Payment | $673 | $673 | $673 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,208 | $4,575 | $6,405 |
| Total Monthly Payment | $4,973 | $5,340 | $7,170 |
* 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