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LOCATION! Nestled in a gorgeous neighborhood on the prestigious East Side, perfectly positioned in one of the nation's hottest housing markets of 2025! This charming multi-family property is a true gem, offering unparalleled access to everything the East Side has to offer. This property offers a spacious layout, modern amenities and lots of classic charm boasting original hardwood flooring. Just steps away from Hope Street, Lippitt Park, the Farmers Market, and Blackstone Boulevard; places you in the heart of convenience and vibrancy. Enjoy proximity to Miriam Hospital, Brown University and RISD, while indulging in the incredible dining and shopping options nearby. This well-maintained property offers a versatile layout perfect for owner-occupants or investors. Two spacious units, each featuring 2 bedrooms, 1 bathroom, a kitchen, and a combined living/dining area. Unique offering of private decks for each units. Shared yard space and a clean basement with extra storage and laundry facilities for the first-floor unit. Second-floor unit includes in-unit laundry for added convenience. 1-car garage plus 2 off-street parking spaces. RISE insulated (2021), young furnace and oil tank (2019). This property is in a highly desirable rental location. With its prime location and charm, it's ideal for generating consistent rental income. Highest and Best by 11/27/25 5pm
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $576,000 | $576,000 | $576,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $378 | $378 | $378 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,784 | $3,784 | $4,822 |
Total Monthly Payment | $4,254 | $4,254 | $5,292 |
* 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.