PRICED BELOW ASSESSMENT AND BEING SOLD 'AS IS' - Two bedroom 1 bath single-family Colonial home with a shared wall. It is unfinished and needs work and your vision to restore it to where it should be. Located off West Broadway on a little side street, it offers a great in-town location with easy walkability to Broadway and downtown Newport. It is currently rented for the summer - end of September.
Does not qualify for conventional, FHA or VA loans.
Type:
Single-family residential
Subdivision:
West Broadway
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Construction
Drywall,Wood Siding
Amenities:
Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Appliances:
Electric Water Heater, Oven, Range, Refrigerator
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Listing courtesy of RE/MAX Profnl. Newport, Inc. Phone: 401-849-0100
6 Bosworth Court, Newport, RI, 02840
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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