Introducing 42-44 East Transit Street, a unique opportunity to own TWO BUILDINGS, on one lot. 42 East Transit consists of three desirable studio apartments with separately metered utilities, shared laundry, and replacement windows. 44 East Transit is a standalone, 3 floor, single family house with 5 Beds/2 Baths currently being rented. The fenced in backyard and patio provide nice outdoor space. With 4 legal units, this versatile property accommodates both investors and owner occupants alike. This terrific location in Fox Point is close to Brown University and incredible local restaurants.
Contact listing agent for buyer broker compensation if applicable.
42 East Transit Street, Providence, RI, 02906
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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