210 212 Pinegrove Avenue, Warwick, RI, 02889 | $769,900

Remarkable 4-unit investment property in Warwick with water views of Brush Neck Cove. The oversized lot holds two ranch-style duplexes, each with 2 beds and 1 bathroom. The end units in each building also offers an attached garage with paved driveway for off street parking. Electric and gas utilities are separately metered, paid by tenants. Nice fit for long term hold or owner occupancy with potential for multigenerational living arrangement. Or even condo conversion project. NO flood insurance required. All units to convey on a single deed. Showing to qualified buyers by appointment only.

Features

  • Amenities: Golf,Highway Access,Marina,Near Hospital,Near Schools,Public Transportation,Recreation Area,Shopping
  • Rooms: 16
  • Bedrooms: 8
  • Baths: 4 full
  • Units: 4
  • Laundry: In Unit
  • Year Built: 1986
  • Garage: 2-car Attached,Garage
  • Heating: Forced Air,Gas
  • Cooling: None
  • Basement: Full,Unfinished
  • Acreage: 0.36
  • Est. Taxes: $6,170
  • Lot Desc: Corner Lot
  • Appliances: Electric Water Heater
  • MLS#: 1371934
  • Website: https://www.raveis.com
    /prop/1371934/210212pinegroveavenue_warwick_ri?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Amy JacobsonLuxury Properties Specialist

508.415.0816

Amy.Jacobson@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.

Michael CartierVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1017266

508.335.8179

Michael.Cartier@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

Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@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

210 212 Pinegrove Avenue, Warwick, RI, 02889

$769,900

Amy Jacobson

Luxury Properties Specialist

William Raveis Real Estate

Phone: 508.415.0816

Amy.Jacobson@raveis.com

Michael Cartier

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.335.8179

Michael.Cartier@raveis.com

NMLS Mortgage Loan Originator ID 1017266

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $615,920 $615,920 $615,920
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 $514 $514 $514
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,098 $4,094 $5,194
Total Monthly Payment $4,704 $4,700 $5,800

* 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.