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Excellent duplex style home in move-in ready condition! This home has been owned by the same family for 40 years, and has been well maintained and cared for. With both sides available for occupancy, it lends itself to owner/occupant, extended family, or investor ownership. Unit 31 has 3 bedrooms, one full bath, lots of living space on the main level, and oil fired steam heat. It is move-in ready, having been occupied just a few months ago, but it could use some cosmetics updates from a new owner. Unit 33 also has 3 bedrooms, one full bath, kitchen, living room, and dining room on first floor, and oil fired baseboard heat. This side has more cosmetic updates, and was also occupied until recently. Each side has a private basement area with a concrete floor, washer and dryer hookup, and separate heating systems and electrical panels. The home is set on a large lot, has a one car garage, a shed, and plenty of off-street parking. There is also a lovely private yard which would be perfect for gardening and outdoor enjoyment. There is a private well with a new well pump, and city sewer. Convenient location, with easy access to RI and to the highway for commuting. A great opportunity to purchase an excellent investment property!
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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 |
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|---|---|---|---|
| Loan Amount | $287,200 | $287,200 | $287,200 |
| 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% | 6.640% | 5.972% |
| Monthly Tax Payment | $276 | $276 | $276 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,745 | $1,813 | $2,385 |
| Total Monthly Payment | $2,096 | $2,164 | $2,736 |
* 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.