225 Weybosset Street, #11, Providence, RI, 02903 | $550,000

Introducing [225 Weybosset St Condos @ PPAC Square] an exclusive mixed-use boutique condominium development featuring (16) loft style units in the heart of Downtown Providence's vibrant Arts & Theater District. This premium corner unit (2Bed/2Bath) boasts an open, versatile layout ideal for live/work functionality, with soaring ceilings, oversized windows, wood-paneled walls, and beautiful hardwood floors throughout. The modern kitchen, equipped with stainless steel appliances and butcher block countertops, seamlessly flows into the main living area perfect for entertaining. Designed for privacy, the spacious primary suite features double-door closets and an elegant, tile bathroom with a classic pedestal sink and an oversized walk-in glass shower. The guest bedroom offers flexibility as a home office, studio, or gym, with a second full bathroom featuring white ceramic tile and a walk-in shower. Additional conveniences include in-unit laundry, central A/C, and a private storage space. Professionally managed, the building showcases stunning architectural elements and historic details. Nestled in the heart of Downcity Providence, you're steps away from premier dining, shopping, and entertainment, as well as walking distance to all the local Universities, historic College Hill, green spaces along the Providence Riverwalk, and the East Bay bike path. Minutes from the train station, hospitals, and highway access, this unit offers a rare opportunity for urban living at its finest.

Features

  • Heating: Electric,Forced Air,Heat Pump
  • Cooling: Ductless,Heat Pump
  • Amenities: Restaurant,StorageHighway Access,Near Hospital,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping,Sidewalks
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Unit
  • Complex: DOWNTOWN PVD / PPAC SQUARE
  • Year Built: 1912
  • Common Charge: $1,021 Monthly
  • Approx Sq. Feet: 1,292
  • Acreage: 0.14
  • Est. Taxes: $6,779
  • Lot Desc: Private,Secluded
  • Pets Allowed: Yes
  • Appliances: Common Water Heater,Dryer,Dishwasher,Oven,Range,Refrigerator,Washer
  • MLS#: 1372329
  • Website: https://www.raveis.com
    /prop/1372329/225weybossetstreet_providence_ri?source=qrflyer
Copyright © 2024  State-Wide MLS, Inc. All rights reserved.
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listed by Mott & Chace Sotheby's Intl.   Phone: 401-314-3000

William Raveis Family of Services

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Customer Service

888.699.8876

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Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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225 Weybosset Street, #11, Providence, RI, 02903

$550,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

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** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $565 $565 $565
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,927 $2,924 $3,711
Total Monthly Payment $3,584 $3,581 $4,368

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.