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Presented by
Karen Florio |
388 384 Child Street, Warren, RI, 02885 | $1,200,000
Investor Alert!! Amazing opportunity to own two houses on one plot!! This magnificent 3 Family victorian and single family home has been owned by the same family for over 50 years and is zoned village business or multi use !! Abutting the single family house is a vacant lot with endless possibilities!! Located in a convenient location close to schools and highways and only a short 5 minute ride to vibrant downtown Warren and town beach!! Beautiful hardwood floors throughout the Victorian with original woodwork and charm along with a huge porch. The first floor unit is flexible and can be used as a 2/3 bed with an updated bathroom and gas heat. The second floor unit boasts an updated kitchen with granite, fresh paint, restored hardwood floors and 3 bedrooms. Two new splits were installed for heat and air conditioning. Both units have soaring ceilings and spacious rooms. The 3rd unit is a charming 1 bed with hardwoods and lots of natural light. From the porch you enter through a windowed original door that leads to a grand staircase separating the units. The single family home can be used as a 3/4 bed and has original hardwood floors. It is waiting for someone to transform it with updates and personal touches! There is a large yard with parking for 10 cars and separate utilities! Don't miss out on this great opportunity!!
Features
- Amenities: Golf,Near Schools,Recreation Area,Restaurant,Shopping
- Rooms: 20
- Bedrooms: 10
- Baths: 4 full
- Units: 4
- Laundry: Common Area
- Year Built: 1880
- Garage: No Garage
- Heating: Baseboard,Electric,Gas,Oil
- Cooling: Ductless
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Acreage: 0.6
- Est. Taxes: $9,000
- Lot Desc: Multiple lots
- Appliances: Dryer,Dishwasher,Electric Water Heater,Gas Water Heater,Oven,Range,Refrigerator,Washer
- MLS#: 1381705
- Website: https://www.raveis.com
/raveis/1381705/388384childstreet_warren_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.
Karen FlorioSales Associate
860.303.9899
Karen.Florio@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.
Brianna TurgeonVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2104486
860.625.5780
Brianna.Turgeon@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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
388 384 Child Street, Warren, RI, 02885
$1,200,000
Karen Florio
Sales Associate
William Raveis Real Estate
Phone: 860.303.9899
Karen.Florio@raveis.com
Brianna Turgeon
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
| Monthly Tax Payment | $750 | $750 | $750 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,526 | $6,068 | $8,166 |
| Total Monthly Payment | $6,401 | $6,943 | $9,041 |
* 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