Set your appointment to tour 305 Amherst St to discover what this beautifully renovated 2-bedroom, 1. 5-bath home in Providence has to offer. This property is perfect for those seeking an affordable starter home or a great investment opportunity. Nestled on a spacious double corner lot, this cozy property offers the potential for expansion. Enjoy the convenience of highly sought-after off-street parking and a generously sized fenced yard.
Key features include:
- Completely renovated house with updated electrical and heating systems
- Prime location close to downtown, shopping, hospitals, with easy access to the highway and train station
Formerly two lots (8 La Vaughn Street and 305 Amherst Street), now combined into a single address at 305 Amherst Street, this property offers a unique blend of modern updates and future potential. Don't miss out on this great opportunity!
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Our Executive Mortgage Banker:
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$349,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $323 | $323 | $323 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,886 | $1,860 | $2,361 |
Total Monthly Payment | $2,284 | $2,258 | $2,759 |
* 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.