56 Courtland Street, Providence, RI, 02909 | $799,000

Here's your opportunity to own a 3 unit property in great condition in the heart of Federal Hill. Located one block from Broadway, in one of Providence's most sought-after neighborhoods, this well-maintained three-family property features a host of updates and larger floor plans, making this property ideal for an Owner Occupant or investment property. Current owners have meticulously maintained the property with annual servicing of heating systems, updated electric and plumbing, and with routine maintenance of halls, stairwells, and the exterior. First floor unit offers two bedrooms and one bathroom and features a large eat in kitchen with a large pantry and great light with the large picture window. Unit two is an oversized four bedroom unit with two full bathrooms which have been renovated, an updated kitchen, and hardwoods throughout. The third floor charmer features a fabulous kitchen and dining room, an oversized living room with City views and three bedrooms. While units 1 and 3 have leases in place with rents slightly under market value rent, the Second floor is month to month. Each unit has individual gas Heating systems which are 11 years old, the flat roof was recently inspected. Sellers recently obtained Lead Conformance Certs for each unit which have been registered! Don't miss out on this prime location-property with easy access to great bars, restaurants, coffee shops, and more!

Features

  • Amenities: Highway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping
  • Rooms: 20
  • Bedrooms: 9
  • Baths: 4 full
  • Units: 3
  • Laundry: Common Area
  • Year Built: 1900
  • Garage: No Garage
  • Heating: Baseboard,Gas
  • Cooling: None
  • Basement: Full,Interior Entry,Unfinished
  • Acreage: 0.06
  • Est. Taxes: $9,733
  • Appliances: Dryer,Dishwasher,Gas Water Heater,Oven,Range,Refrigerator,Water Heater,Washer
  • MLS#: 1369384
  • Website: https://www.raveis.com
    /prop/1369384/56courtlandstreet_providence_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by eXp Realty   Phone: 888-315-3445

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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

56 Courtland Street, Providence, RI, 02909

$799,000

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 $639,200 $639,200 $639,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment $811 $811 $811
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,988 $3,884 $5,051
Total Monthly Payment $4,891 $4,787 $5,954

* 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.