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Presented by
Connie Strait |
134 Wheeler Avenue, Cranston, RI, 02905 | $799,900
Elegant Oversized Victorian Colonial Multifamily in Prime Edgewood Location. This stunning Victorian Colonial multifamily home, situated in a highly desirable Edgewood neighborhood, offers a rare opportunity for owner-occupancy or investment. The property features a private rear parking area, a spacious oversized three-car garage, and a beautifully landscaped flat lot complete with a secluded pergola and mature plantings. Meticulously maintained, this four-unit residence boasts numerous updates, including new windows and a roof within the last five years. The home's classic charm is enhanced by two functional fireplaces on the first and second floors, gleaming hardwood floors, oversized bedrooms, and soaring 9. 5-foot ceilings, creating an inviting and airy atmosphere with an abundance of natural light. The 1st floor has its own private oversized deck & was recently replaced & the 2nd floor also has its own private oversized Deck area perfect for enjoying the outside without getting wet. Each unit is equipped with modern appliances and individual gas heating systems for added convenience and efficiency. The seller is seeking a one-year leaseback for the second-floor unit and garage upon closing. Additionally, the property presents a strong potential for condominium conversion. Don't miss this exceptional opportunity to own a truly remarkable multifamily home in Edgewood! Best offers due by 3/5/25 @630 pm est.
Features
- Amenities: Golf,Highway Access,Public Transportation,Sidewalks
- Rooms: 18
- Bedrooms: 6
- Baths: 4 full
- Units: 4
- Laundry: Common Area
- Year Built: 1920
- Garage: 3-car Carport,Detached,Garage
- Heating: Baseboard,Gas,Hot Water,Zoned
- Cooling: None
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Acreage: 0.23
- Est. Taxes: $10,267
- Appliances: Common Water Heater,Dryer,Dishwasher,Gas Water Heater,Microwave,Oven,Range,Refrigerator,Water Heater,Washer
- MLS#: 1378228
- Website: https://www.raveis.com
/prop/1378228/134wheeleravenue_cranston_ri?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Connie StraitSales Associate
203.948.4906
Connie.Strait@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 147983
845.290.3871
Matthew.DeMaria@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
Gene RahillyInsurance Sales Director, William Raveis Insurance
917.494.9386
Gene.Rahilly@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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
134 Wheeler Avenue, Cranston, RI, 02905
$799,900
Connie Strait
Sales Associate
William Raveis Real Estate
Phone: 203.948.4906
Connie.Strait@raveis.com
Matthew DeMaria
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $639,920 | $639,920 | $639,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.695% | 6.810% | 6.026% |
| Monthly Tax Payment | $856 | $856 | $856 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,684 | $4,097 | $5,314 |
| Total Monthly Payment | $4,632 | $5,045 | $6,262 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB