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Presented by
Fermin Vidal |
396 398 Orms Street, Providence, RI, 02908 | $889,000
This home is the perfect investment property! Minutes to Downtown Providence, local shops and restaurants, all major roadways, colleges and universities, this property sits in the perfect location. This massive 3 family home has it all! There is also a 4th floor with over 1000 sq ft that is very spacious with its own entry. Every unit has its own laundry room, private porch and private entry. As you walk in you will find the original gleaming hardwood floors that leads to the spacious bedrooms with huge closets. The open floor plan consists of gorgeous kitchens that all have different modern design! Features include LED lighting fixtures, two tone self closing cabinets, and custom islands that all have built in wine/drink coolers. Stunning granite countertops boasting with brand new stainless steel appliances. The bathrooms are stunning with beautiful ceramic tile and LED mirrors in every unit. The exterior has new vinyl siding, new roof, and new driveway that can easily fit 6 or more vehicles. The basement is huge and spacious with Navien heating systems. The list goes on. This property has it all and will not last! All three units will have brand new stainless steel appliances!
Features
- Rooms: 15
- Bedrooms: 9
- Baths: 3 full
- Units: 3
- Year Built: 1880
- Garage: No Garage
- Heating: Baseboard,Gas
- Cooling: None
- Basement: Full,Interior Entry,Partially Finished
- Acreage: 0.13
- Est. Taxes: $6,705
- Appliances: Gas Water Heater
- MLS#: 1379953
- Website: https://www.raveis.com
/prop/1379953/396398ormsstreet_providence_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.
Fermin VidalBroker Associate
203.970.0404
Fermin.Vidal@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.
Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 130058
203.952.8600
Joseph.Mollica@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
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@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
396 398 Orms Street, Providence, RI, 02908
$889,000
Fermin Vidal
Broker Associate
William Raveis Real Estate
Phone: 203.970.0404
Fermin.Vidal@Raveis.com
Joseph Mollica
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $711,200 | $711,200 | $711,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
| Monthly Tax Payment | $559 | $559 | $559 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,094 | $4,554 | $6,098 |
| Total Monthly Payment | $4,745 | $5,205 | $6,749 |
* 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