fbpx

304 Pearl Street, Unit#202 Providence

$240,000
1 1 921 sq ft

The Property

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.

Read more

Contact Associate

Listing Details

MLS Number

1355032

Features

  • Brick
  • Storm Window
  • Heating: Forced Air
  • Heating Fuel: Gas
  • Laundry
  • Paved Driveway
  • Sidewalks
  • Type: Loft
  • Year Built: 1879

See more features

Market Trends for Condos
in Providence

  • Overview
    Homes for Sale Today52-93.2% decrease in inventory
    New on Market *4536.4% increase in new listings
    Avg. Asking Price/Sq.Ft. *$422.32$53 increase in List Price/Sq.Ft.
    Avg. Sale Price *$495,037$96,668 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *103.10%1.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$414.30$33 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *593 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 eXp Realty

Similar Listings

Exclusively From Us To You

We invite you to join our exquisite collection of properties, latest news and events.

Thank you for subscribing!