This buildable lot in C2 COMMERCIAL zoning, can be sold as a package with MLS#1363268, or alone. The lot is currently used as parking for the multi-unit next door. It is paved and allows for about 10 cars. Ideally located in one of the most permissible zoning districts in Providence, and per planning dept.- a multi-family, commercial multi, or multilevel building with numerous units can be built here. This zoning permits a numerous level commercial build. The parcel is well located in relation to highways, hospitals, schools, shopping and transit. This is a wonderful opportunity for the right developer/builder. Literally the sky is the limit!
Permitted Use
Multi-Family
Utilities
Natural Gas Available,Water Available
Lot Description:
Paved,Level
Amenities:
Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
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Listing courtesy of Noonan/Lombardi, REALTORS Phone: 401-580-8672
1043 Eddy Street, Providence, RI, 02905
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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