ATTENTION INVESTORS! This is the opportunity you've been waiting for a prime 6-unit commercial residential property that's packed with potential and updates! Renovations: 55 (1st & 2nd Floors): Completely renovated with modern finishes. 53 (1st & 2nd Floors): Renovated with cosmetic updates, enhancing appeal. 55 (3rd Floor): Updated with cosmetic improvements. 53 (3rd Floor): Fully renovated, offering a fresh, turnkey space. This property offers a solid investment in a desirable location with renovated units across multiple floors, making it an ideal addition to your real estate portfolio.
Cooling:
Central Air, Window Unit(s)
Permitted Use
Residential
Utilities
Electricity Available,Natural Gas Connected,Municipal Utilities,Water Connected
Amenities:
Highway Access, Public Transportation, Restaurant, Shopping, Street Lights
53 55 School Street, East Providence, RI, 02914
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
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