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A Multi-Family home with incredible marks for location, supplemental income, and a beautiful living experience. Perfectly located in between Historic Broadway, Atwells Avenue, and with its proximity to Downtown, this is your opportunity to own a slice of Prime Providence Real Estate. Abundant in value, this home is a great fit for owner occupancy, or to add to a growing portfolio. Old-World charm, insulated by RISE, off-street parking, shared laundry, new vinyl windows and separated heat+updated electric makes for ideal rentals. Lead Certificates in hand! Move right into a handsomely renovated owner's unit worth getting excited about. Newer mini splits for cooling, newer on-demand high efficiency Navien combo system for heat & hot water. Stunning original hardwoods, a gorgeous new kitchen with granite countertops, soft close cabinetry and top of the line Samsung range, hood, & dishwasher. Additional owner's unit features include a calm and inviting paint palette, tiled shower with glass door, and a bedroom with extra insulation and a triple-paned window for quiet enjoyment. Established income, an immaculate owner's unit, and extraordinary location for city living - the ultimate trifecta for purchasing a Multi-Family. Close highway access, train station proximity, the BEST restaurants, culture and the arts - you are cordially welcome to see all this fantastic home has to offer.
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Our Executive Mortgage Banker:
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$739,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $591,920 | $591,920 | $591,920 |
| 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 | $688 | $688 | $688 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,545 | $3,693 | $4,876 |
| Total Monthly Payment | $4,325 | $4,473 | $5,656 |
* 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.