Charming and Remodeled 3-Family Home in Providence, RI. Offering an ideal blend of classic charm and modern upgrades, this property is perfect for investors or owner-occupants looking for a multi-unit home with great rental potential. First and Second Floors: Each unit features 2 spacious bedrooms, an updated kitchen, and a bright, open living area. Both units have been thoughtfully remodeled with new flooring, fresh paint, and modern fixtures throughout, making them move-in ready for tenants or new owners. Third Floor: The top-floor unit boasts 3 bedrooms, providing plenty of space for larger households or additional rental income. This unit has also been fully renovated, with a stylish kitchen, updated bath, and cozy living spaces. The home has been extensively remodeled, including newer flooring, updated kitchens and bathrooms, fresh paint, and more. The improvements give the home a fresh, modern feel while maintaining its classic charm. Off-Street Parking: Ample off-street parking for tenants and guests. Conveniently located near local amenities, parks, public transportation, and all that Providence has to offer, including dining, shopping, and entertainment.
This well-maintained, turnkey property offers a unique opportunity to own a beautifully remodeled multi-family home in a desirable location. Whether you're looking to invest or live in one unit while renting out the others, this home is a must-see!
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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 | $527,920 | $527,920 | $527,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $583 | $583 | $583 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,424 | $3,380 | $4,384 |
Total Monthly Payment | $4,099 | $4,055 | $5,059 |
* 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.