|
|
Presented by
Team Lee |
7 Luxury Units - Located in the heart of Providence's Wayland Square neighborhood, 453 Angell Street offers a rare opportunity to acquire an exceptional income-producing asset on the East Side. Built in 1870, this Victorian building blends architectural character with modernization. A 2011 renovation upgraded kitchens, baths, heating and cooling, plumbing, and electrical, combining historic charm with contemporary convenience. Soaring 10+ foot ceilings, open floor plans, and preserved original woodwork highlight its appeal. The property has seven units six one-bedroom and one two-bedroom each with separate utilities, central air conditioning, and in-unit washer/dryers. A backyard with patio enhances tenant experience, and eight off-street parking spaces provide convenience. Just steps from Brown University, caf s, restaurants, and shops, it offers a walk-to-everything lifestyle in a strong rental market. With excellent rental history and strong occupancy this is a premier investment for stability and growth. 453 Angell Street is more than a multifamily it blends architectural significance, prime location, and compelling returns.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,750,000
Sales Associates
William Raveis Real Estate
Phone: 860.213.2853
TeamLee@raveis.com
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 | $2,200,000 | $2,200,000 | $2,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.349% | 6.183% |
| Monthly Tax Payment | $3,634 | $3,634 | $3,634 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,491 | $13,546 | $18,565 |
| Total Monthly Payment | $16,250 | $17,305 | $22,324 |
* 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.