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Welcome to 155 Grove Street, a young 2 family on an oversized lot in Providence's West End. This unique home offers two great units, each with three bedrooms, renovated kitchens, updated bathrooms, hardwood floors, and brand new windows. Open concept kitchens each provide new stainless steel ovens, microwaves, dishwashers and refrigerators. Gather friends and enjoy dinner parties around the large island with custom concrete countertops. Basement has very tall ceilings, making it a great space to finish for additional living space, and currently has a washer and dryer for each unit. Boilers and hot water tanks are very young and recently replaced. This home is situated on a 10, 000 square foot, with tons of parking, a pergola, shed, garden and sitting area. First floor will be vacant end of May, second floor is month to month. Don't miss the opportunity to live walking distance to Julian's, Nick's on Broadway and Reprise Coffee shop while offsetting your overhead with strong rental income.
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Our Executive Mortgage Banker:
Our Insurance Division:
$715,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $572,000 | $572,000 | $572,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $413 | $413 | $413 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,522 | $3,758 | $4,750 |
Total Monthly Payment | $4,027 | $4,263 | $5,255 |
* 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.