This charming two-family home, nestled in the desirable Fruit Hill neighborhood of North Providence, offers a great opportunity for both investors and owner-occupants. The property boasts a spacious, well-maintained layout with two separate units, each featuring two bedrooms, one bath, and ample living space. The first-floor unit is bright and airy, with a welcoming living room, a generous eat-in kitchen, and access to a great size private backyard perfect for outdoor gatherings. The second-floor unit offers the same features, along with backyard access. Both units have their own separate entrances, providing privacy for tenants or family members. The home is set on a great size lot which features two sheds with plenty of off-street parking, and the large yard provides space for gardening, relaxing, or entertaining. 24 Rosedale St is also within walking distance to Rhode Island College, making this a great opportunity for student rentals and consistent occupancy. The Fruit Hill neighborhood is known for its tranquil residential streets and proximity to parks, schools, and shopping, making it an ideal location for easy access to the best of North Providence. With a ton of updates, this property could become a fantastic long-term investment or a comfortable multi-generational home. Schedule a tour today!
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William Raveis Real Estate
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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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $454 | $454 | $454 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,964 | $3,002 | $3,803 |
Total Monthly Payment | $3,510 | $3,548 | $4,349 |
* 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.