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This well-maintained two-family home beautifully blends classic charm with functional layouts, in a prime location within the desirable Fruit Hill neighborhood of North Providence. Situated on a corner lot, the property features a spacious yard with 10, 000SF with potential for an ADU (buyer to do own due diligence) or expanded outdoor living space.
The exterior has stone archways and low-maintenance vinyl siding and a newer roof. A side driveway off the main road adds convenience and accessibility. Exterior outdoor canopy not included.
Inside, the first-floor unit features a bright, layout with two bedrooms, open kitchen with gas stove, dishwasher, & garbage disposal plus direct access to the basement, offering ample storage and laundry facilities and an exterior lower cement patio. The 1 bed 2nd floor features an open kitchen design with a gas stove, in-unit stackable washer/dryer, and access to a private exterior patio. The basement includes a walkout with a sump pump to be replaced prior to closing.
The first-floor tenant is currently month-to-month, while the second-floor tenant has a lease in place through September 2026, with potential flexibility for early termination if needed.
Ideally located within walking distance to Ricci School and Rhode Island College, easy access to public and private schools, and nearby universities, this property presents a fantastic opportunity for both investors and owner-occupants. 48-hour notice required for showings.
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William Raveis Real Estate
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NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $359,200 | $359,200 | $359,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $443 | $443 | $443 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,212 | $2,268 | $2,983 |
| Total Monthly Payment | $2,730 | $2,786 | $3,501 |
* 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.