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302 Pearl Street, Unit#201 Providence

$235,000
1 1 986 sq ft

The Property

Enjoy Loft living in this stunning Pearl Street Loft unit 201. This unique loft has gorgeous hardwood floors, soaring ceilings, brick walls & an open, sun-filled space. Upon entering the unit there is a side room suitable for an office or previously used as a bedroom. The hallway leads to the living room/kitchen.

There is a pantry/laundry room off of the kitchen. The living room features an additional custom built loft with a spiral staircase–used as a bedroom. This is an affordable housing unit & therefore has important 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 $240k the mortgage would be based upon $184k 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

1305304

Features

  • Basement: Full
  • Brick
  • Storm Window
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Laundry
  • Paved Lot
  • Sidewalks
  • Type: Loft
  • Year Built: 1900

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Market Trends for Condos
in Providence

  • Overview
    Homes for Sale Today48-93.6% decrease in inventory
    New on Market *4555.2% increase in new listings
    Avg. Asking Price/Sq.Ft. *$414.48$12 increase in List Price/Sq.Ft.
    Avg. Sale Price *$466,575$52,008 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.49%1.2% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$387.64$13 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5814 decrease 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 Coastal Properties Group

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