A fantastic owner-occupied and/or investment opportunity awaits the new owner of this just updated attractive 3-unit building situated between Brown University and Wayland Square in Fox Point on Providence's East Side. The spacious 1st and 2nd level units each feature a walk-in bay style south facing window that provides lots of natural light to fill the living rooms. High ceilings throughout and freshly refinished sold oak flooring enhance the living areas. The unique layout of the charming 3rd floor unit offers ideal spaces for home office/study and 2nd bedroom options as well as large living and dining areas. The updated kitchens each have a separate pantry as well as a built-in microwave oven and dishwasher on the first and second floors. Owner occupants and tenants alike will appreciate the spacious rear yard with paver patio and large garden area. Plenty of off-street parking is provided by the 2-car garage with door openers as well as the 5 additional parking spaces. Once you tour this well-located freshly painted throughout turn-key property near the bike path, waterfront, Wayland Square and Brown University you will want to make it your own.
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Our Executive Mortgage Banker:
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$849,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $679,920 | $679,920 | $679,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $958 | $958 | $958 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,861 | $4,186 | $5,646 |
Total Monthly Payment | $4,911 | $5,236 | $6,696 |
* 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.