This is a fantastic opportunity to own this turnkey two-family with abundant charm and character in the desirable neighborhood of East Woonsocket. It is positioned on a corner lot close to the Cumberland line and HWY 99 to RT 146. The property will be delivered tenant-free. Each unit offers two generous-sized bedrooms, closet space, eat-in kitchens, and a double parlor. The first unit has an enclosed front porch facing the street. The second floor has a walk-in closet in the main bdrm and ample storage space in the breezeway and inside the unit. The partially finished basement provides a bathroom/laundry area, utility room, gym/common area with cable connection, and gas available in the house, ready to convert. This space offers many possibilities, including an ADU expansion. The driveway has ample parking, a two-car garage, and four non-garage spaces.
Join me at the first showing, Open House!
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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 | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $370 | $370 | $370 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,627 | $2,658 | $3,402 |
Total Monthly Payment | $3,072 | $3,103 | $3,847 |
* 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.