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Key Details
Sold Price $255,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 921 sqft
Price per Sqft $276
Subdivision West End
MLS Listing ID 1355032
Sold Date 06/13/24
Style Loft
Bedrooms 1
Full Baths 1
HOA Fees $347/mo
HOA Y/N No
Abv Grd Liv Area 921
Year Built 1879
Annual Tax Amount $2,159
Tax Year 2023
Property Description
Enjoy Loft living in this stunning unit within the West End's Pearl Street Lofts. This is an affordable housing unit & therefore has important income guidelines that a qualified buyer must meet but also includes a silent second lien in the amount of $56k that does not accrue interest and is able to go towards your purchase--this means that while the purchase price is $240k the mortgage would be based upon $184k minus any additional down payment! That's amazing! Maximum allowed gross income for a single person is $62,950 or $71,950 for a two person household for this unit. Featuring original hardwood floors, soaring ceilings, brick walls & an open, sun-filled space, you'll be inspired to call this home. Upon entering the unit there is a bedroom which has been converted into a multi-use space and features a platform bed overlooking transom windows. The hallway leads to the living room/kitchen and features large windows, exposed brick, and industrial charm. Owners can utilize the rooftop common area for warmer months. Buyers can utilize additional first time home buyer programs such as Washington Trust Community Lending program for first time home buyers for an interest rate that is 2% below current rates! Or other down payment assistance programs for a smart buying opportunity. Located in a lively neighborhood, this condo puts you within easy reach of Providence's best dining, shopping & entertainment options, making it a perfect urban home base.
Location
State RI
County Providence
Community West End
Zoning M-MU-75
Rooms
Basement None
Interior
Interior Features Skylights, Tub Shower
Heating Forced Air, Gas
Cooling Central Air
Flooring Ceramic Tile, Hardwood
Fireplaces Type None
Equipment Intercom
Fireplace No
Window Features Skylight(s),Storm Window(s)
Appliance Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
Laundry In Unit
Exterior
Exterior Feature Paved Driveway
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks
Utilities Available Sewer Connected
Handicap Access Accessible Elevator Installed
Garage No
Building
Story 1
Foundation See Remarks
Sewer Connected
Water Connected, Water Tap Fee
Architectural Style Loft
Level or Stories 1
Structure Type Drywall,Brick
New Construction No
Others
Pets Allowed Yes
HOA Fee Include Sewer,Snow Removal,Water
Senior Community No
Tax ID 304PEARLST202PROV
Financing Conventional
Pets Allowed Yes
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