This versatile mixed-use building includes a leased office space and one residential unit, with additional rental units above in need of rehab offering significant upside for the right investor. Located in an Opportunity Zone, the property includes a loading garage and sits next to another mixed-use building also for sale, creating the potential for a larger investment portfolio with multiple income streams. Whether you're looking to renovate, expand, or redevelop, this property offers strong potential in a high-demand location with added tax advantages.
Permitted Use
Commercial,Mixed Use,Office,Residential
Utilities
Natural Gas Available,Natural Gas Connected,Sewer Connected
Amenities:
Highway Access, Marina, Public Transportation
332 River Street, Woonsocket, RI, 02895
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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