This R-3 zoned lot is located in the heart of Providence, offering endless possibilities for development. Nestled in a vibrant neighborhood, this property provides convenient access to all the amenities the city has to offer, including shopping, dining, schools, parks, Rhode Island Hospital and minutes to downtown Providence. With R-3 zoning, it's ideal for a residential multi family. The lot is well-positioned with easy access to major highways and public transportation, making it a highly desirable location for both investors and developers. If you're looking to build your dream home this property offers the potential to bring your vision to life.
Subdivision:
Rhode Island Hospital
Utilities
Natural Gas Available,Water Available
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
250 Lockwood Street, Providence, RI, 02907
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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