Providence, RI 02907,304 Pearl ST #202
Providence, RI 02907,304 Pearl ST #202
Providence, RI 02907,304 Pearl ST #202
$255,000
Est. payment /mo
$240,000
6.3%
Est.Price: ?

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1 Bed
1 Bath
921 SqFt
SOLD DATE : 06/13/2024

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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Listed by eXp Realty
Bought with eXp Realty

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agent

Eric Chauvin

+1(617) 448-0910

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