**INVESTOR SPECIAL** Offered at well below assessment, this cozy bungalow is ready for someone to come along and turn it into a home. Property is currently vacant and gutted. Nice quiet street, in a friendly neighborhood, close to Newport and Rt. 138 as well as East Main and West Main Roads! Perfect starter home for someone looking to "make their own". Also makes good sense as a flip for a contractor. Possible financing available to qualified investors. SELLING AS-IS, WHERE-IS. BUYER TO PERFORM THEIR OWN DUE DILIGENCE! Possible Seller Financing to Investor.
Type:
Single-family residential
Amenities:
Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
80 Smythe Street, Middletown, RI, 02842
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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