Fantastic opportunity to own one of the last buildable lots on Spencer Avenue - one of the best addresses in Warwick and voted by RI Monthly as one of the best streets to live on in all of Rhode Island. Distant views of Narragansett Bay are probably depending on final house design. Amazing walkability - just steps to East Greenwich's blossoming Main Street and it's restaurants, nightlife, shops and marinas. While this corner lot spans almost 18,000sf, it will feel closer to 24,000sf due to the large city owned land buffers on Division Street and Spencer Avenue (roughly 30' off Division and roughly 15' off Spencer Avenue). This lot will be available to be transferred by mid-August and shall be delivered shovel ready with a fully approved 4-bedroom OWTS design and City water available. This is a truly rare opportunity. Act quickly
Permitted Use
Single Family,Residential
Utilities
Electricity Available,Natural Gas Available,Municipal Utilities,Water Connected,Water Available
View Description:
Saltwater,Water
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Listing courtesy of REAL BROKER, LLC Phone: 855-450-0442
0 Spencer Avenue, Warwick, RI, 02818
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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