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Discover an exceptional owner-occupant or investment opportunity with this well-maintained two-family home, ideally situated near Routes 99 and 146 just minutes from shopping, dining, and the Woonsocket Industrial Park. Each unit offers 2 bedrooms and 1 full bathroom with separate utilities and private entrances, providing both comfort and privacy. The first-floor unit has been fully renovated and is truly move-in ready, featuring a brand-new bathroom, stylish vinyl flooring, and convenient in-unit laundry hookups. The second-floor unit also includes laundry hookups along with a spacious balcony overlooking the expansive backyard. Numerous updates throughout the property including newer roof and windows offer added peace of mind. Set on nearly half an acre of private land, this rare property provides ample outdoor space for entertaining, recreation, or potential future expansion. As an added bonus, the property includes an existing platform with possible utility connections (electric, water, and sewer already in place), offering potential for a mobile home or RV setup buyer and buyer's agent to perform all due diligence. Whether you're looking to offset your mortgage by living in one unit and renting the other or searching for a strong addition to your investment portfolio, this versatile property delivers outstanding value, flexibility, and location.
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$449,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 |
|
|---|---|---|---|
| Loan Amount | $359,920 | $359,920 | $359,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.628% | 5.933% |
| Monthly Tax Payment | $417 | $417 | $417 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,187 | $2,273 | $2,989 |
| Total Monthly Payment | $2,679 | $2,765 | $3,481 |
* 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.