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32 36 Union Street, East Greenwich, RI, 02818 | $1,200,000
Check out this awesome opportunity to own a multifaceted property in the heart of E. Greenwich downtown historic district. This property includes a single family home with 2 bedrooms and 1 full bathroom, a 2 family house with 2 bedrooms and 1 full bathroom on each floor and finally a 5968 square foot buildable lot! There are numerous options that come with purchase of the property. Live in one unit and receive rental income from the other 2 apartments and either build on the vacant lot or leave empty - Purchase as an investment property and up grade all 3 apartments which would allow for a higher rental income and either build on extra lot or leave vacant - Level both houses and build on the entire lot (condo's or or apartments are one of several ideas)-finally keep the lot with the 2 houses and sell off the vacant lot. You will enjoy all the amenities that EG has to offer including a walkable downtown with shopping, top notch restaurants coffee shops, local music and a great waterfront! Only 20 minutes to RI International airport and around 30 minutes to RI's fine beaches! This is an estate sale so the property is being sold "in as is condition" Probate has been completed.
Features
- Amenities: Golf,Highway Access,Marina,Near Schools,Public Transportation,Recreation Area,Restaurant,Shopping
- Rooms: 16
- Bedrooms: 6
- Baths: 3 full
- Style: Cabin
- Year Built: 1870
- Garage: No Garage
- Heating: Forced Air,Gas,Steam
- Cooling: None
- Basement: Exterior Entry,Full,Interior Entry,Unfinished
- Approx Sq. Feet: 2,818
- Acreage: 0.19
- Est. Taxes: $15,289
- Lot Desc: Multiple lots
- View: Saltwater,Water
- Appliances: Gas Water Heater,Oven,Range,Refrigerator,Water Heater
- MLS#: 1381824
- Website: https://www.raveis.com
/eprop/1381824/3236unionstreet_eastgreenwich_ri?source=qrflyer
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William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
32 36 Union Street, East Greenwich, RI, 02818
$1,200,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
| Monthly Tax Payment | $1,274 | $1,274 | $1,274 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,526 | $6,147 | $8,166 |
| Total Monthly Payment | $6,925 | $7,546 | $9,565 |
* 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