Economic Opportunity Zone mixed use minutes to Providence and easy highway access to all points. Unique property with street retail, second floor office, ground level warehouse storage/underground parking garage heated/sprinklers, plus four contractor garage spaces. Surface parking approx. 10 spaces. Partially owner occupied with tenants in place. New top of the line Carlisle 060TpO roofing system and insulation, two new roof HVAC systems. Perfect opportunity for small business in need of office space, fleet parking and warehouse storage, with opportunity for rental income. Possible residential conversion with variance, buyer to do all due diligence. Needs some work but new major systems already in place.
150 Warren Avenue, East Providence, RI, 02914
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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