30 Fallon Avenue, Providence, RI, 02908 | $659,900

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!

Features

  • Amenities: Golf,Highway Access,Near Hospital,Near Schools,Public Transportation,Shopping
  • Rooms: 15
  • Bedrooms: 7
  • Baths: 3 full
  • Units: 3
  • Laundry: Common Area
  • Year Built: 1920
  • Garage: 2-car Attached,Garage
  • Heating: Baseboard,Gas
  • Cooling: None
  • Basement: Full,Interior Entry,Unfinished
  • Acreage: 0.11
  • Est. Taxes: $6,995
  • Appliances: Gas Water Heater,Oven,Range,Refrigerator
  • MLS#: 1372852
  • Website: https://www.raveis.com
    /prop/1372852/30fallonavenue_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

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.

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:

  • Market your home to realize a quick sale at the best possible price
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  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

30 Fallon Avenue, Providence, RI, 02908

$659,900

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 $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.