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302 Pearl Street, Unit#106 Providence

$165,000
1 1 942 sq ft

The Property

Why Rent When You Can Own? Prime location within walking distance to Downtown Providence, Amenities on Westminster Street &

numerous restaurants and shops on Broadway and Federal Hill! A short commute to Rhode Island Hospital, area schools and the Bay! Convenient highway access. Private entrance from courtyard and laundry located in unit plus access to a rooftop deck. Income and Resale Restrictions apply. This is an affordable housing unit.

There are income guidelines that a qualified buyer must meet but also offers a silent second lien in the amount of $56k that does not accrue interest and is able to go towards your purchase for a unique opportunity to own your own home–this means that while the purchase price is $153,900 the mortgage would be based upon $97,900 minus any additional downpayment! Maximum allowed income for a single person is $48,450 or $56,020 for a two person household for this unit.

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Listing Details

MLS Number

1313776

Features

  • Brick
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Laundry
  • Type: One Level
  • Year Built: 1900

Market Trends for Condos
in Providence

  • Overview
    Homes for Sale Today49-93.6% decrease in inventory
    New on Market *4841.2% increase in new listings
    Avg. Asking Price/Sq.Ft. *$407.36$12 increase in List Price/Sq.Ft.
    Avg. Sale Price *$470,164$71,795 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.11%0.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$406.39$25 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *582 increase in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Westcott Properties

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