|
14 16 Mill Street, Scituate, RI, 02831 | $499,900
Rare Investment Opportunity in the Heart of Hope Village 14-16 Mill Street, Hope (Scituate) Exceptional side-by-side townhouse duplex set within the Hope Village Historic District, listed on the National Register of Historic Places. Thirteen double-tenement houses were built for mill employees on Mill Street, north of the Hope Mill and this property is part of that storied legacy. Each unit features 3 bedrooms and 1 full bath, with separate heat and electric utilities, providing maximum flexibility for owner-occupants and investors alike. One side has been completely renovated while the other provides immediate rental income, making this a true turnkey opportunity from day one. The property boasts a spacious back parking area a rare find in this compact village setting. Hope Village is located on a bend in the North Pawtuxet River in the southeastern corner of Scituate, offering a tranquil, small-town atmosphere just minutes from Providence. Scituate offers suburban conveniences and proximity to Providence, along with a tranquil, rural environment of unspoiled forests and pristine streams with low taxes and an excellent school system. Whether you're a seasoned investor or a first-time buyer seeking to live in one unit while offsetting your mortgage, 14-16 Mill Street delivers historic charm, strong rental fundamentals, and a location that simply cannot be replicated. - Left unit has a small solar lease, buyer to assume said lease - Lead certs available and current
Features
- Amenities: Golf,Highway Access,Near Schools,Recreation Area,Restaurant
- Rooms: 13
- Bedrooms: 6
- Baths: 2 full
- Units: 2
- Style: Side By Side
- Year Built: 1880
- Garage: No Garage
- Heating: Baseboard,Forced Air,Oil
- Cooling: None
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Acreage: 0.2
- Est. Taxes: $4,402
- Appliances: Dishwasher,Electric Water Heater,Oven,Range,Refrigerator,Water Heater
- MLS#: 1406929
- Website: https://www.raveis.com
/prop/1406929/1416millstreet_scituate_ri?source=qrflyer
Copyright © 2026 State-Wide MLS, Inc. All rights reserved.
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.
Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@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
14 16 Mill Street, Scituate, RI, 02831
$499,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $399,920 | $399,920 | $399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.730% |
| Monthly Tax Payment | $367 | $367 | $367 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,395 | $2,495 | $3,266 |
| Total Monthly Payment | $2,837 | $2,937 | $3,708 |
* 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