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117 Broadway Street, Providence, RI, 02903 | $2,195,000
Welcome to One 17 Broadway, featuring 5 up-scale, TURNKEY residential units, 1 high-visibility commercial unit & an adjacent buildable lot ! Discover MODERN urban living in the HEART of Providence. Invest in this new construction conversion project - a great opportunity for investment rental units, short term rental units or hospitality! Set up for possible condo conversion this property comes with up to 10 parking spaces! All units are meticulously designed and offer the perfect blend of timeless sophistication w/ CONTEMPORARY flair. Upon entering all units you are immediately greeted by soaring high ceilings, GORGEOUS CUSTOM ACCENT WALLS and many windows! Close attention to detail throughout you will find SLEEK black & gold hardware, pendant lighting & matte hardwoods. Beautiful white kitchens feature QUARTZ countertops, organic white subway tile backsplash, many cabinets & sparkling appliances. Other features include readily available laundry hook ups, luxurious glass showers, marble tile details in all bathrooms & gallery-like hallways. Being conveyed is also the adjacent LOT perfect for additional parking or building. Location is KEY being in such close proximity to EVERYTHING - never go hungry w/ Broadway & Federal Hill at your doorstep, close to all major routes and highways. Saving the best for last - the CITY VIEW alone is breathtaking from many corners of the building. Come see for yourself!!
Features
- Property Type: Commercial
- Permitted Use: Residential,Retail
- Construction: Brick
- Utilities: Natural Gas Not Available,Sewer Connected
- Parking: 5-car
- Heating: Forced Air
- Cooling: Ductless,Wall Unit(s)
- Amenities: Highway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Sidewalks
- Units: 2
- Zoning: C2
- Year Built: 1935
- Est. Taxes: $13,019
- MLS#: 1373607
- Website: https://www.raveis.com
/prop/1373607/117broadwaystreet_providence_ri?source=qrflyer
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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
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- 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
117 Broadway Street, Providence, RI, 02903
$2,195,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,756,000 | $1,756,000 | $1,756,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | $1,085 | $1,085 | $1,085 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,248 | $11,099 | $14,818 |
| Total Monthly Payment | $11,458 | $12,309 | $16,028 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB