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1047 1049 Eddy Street, Providence, RI, 02905 | $650,000
Rare opportunity on the Southside to own a turnkey multi, with not only 3 units, but 3 bedrooms in ALL units! This property is investment gold- or a super sweet owner occupied. Each unit has 1250 interior sqft, offering plenty of space for owners or tenants to spread out. Each unit is nicely kept, and the first floor owner's unit has granite and glass backsplash in the kitchen galley, as well as a microwave and dishwasher. Vinyl in gray tones for the kitchen and dining area, is perfect to protect against wear and tear. The first floor bath has been updated with ceramic tile/ modern vanity and lighting, as well as refinished walls. You'll want to spend your afternoon and evenings in the formal dining and living room, accented by the refinished wood floors. All units show nicely and have long term tenants. Finished area in the basement is perfect for some flex space- an office, gym, or game room- and the outbuilding can serve as a gym or office as well! The yard offers some outside enjoyment with a grassy spot to pull up a lawn chair and relax. Commercial zoning! TAXES SHOWN REFLECT NEW HOMESTEAD FOR OWNER OCC.
Features
- Amenities: Highway Access,Near Hospital,Near Schools,Public Transportation,Restaurant,Shopping,Sidewalks
- Rooms: 18
- Bedrooms: 9
- Baths: 3 full
- Units: 3
- Laundry: Common Area
- Year Built: 1920
- Garage: No Garage
- Heating: Central,Gas,Steam,Space Heater
- Cooling: 1 Unit
- Basement: Full,Interior Entry,Partially Finished
- Acreage: 0.11
- Est. Taxes: $3,970
- Appliances: Dryer,Dishwasher,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1363268
- Website: https://www.raveis.com
/prop/1363268/10471049eddystreet_providence_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 7654
401.474.4879
Whitney.Rugg@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1047 1049 Eddy Street, Providence, RI, 02905
$650,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Whitney Rugg
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
| Monthly Tax Payment | $331 | $331 | $331 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,385 |
| Total Monthly Payment | $3,883 | $3,879 | $4,808 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB