Warren Avenue Condos #2 $94,900 19 Warren Avenue, #2 North Providence, RI 02911 2-bed (off Woonasquatucket Avenue) Patio, 956 sq. ft., washer/dryer 1st floor condo, patio, washer/dryer in unit 2 bed, 1 bath, living room with French doors opens up to a large kitchen/dining. Move-in ready approx. 1000 square feet of clean, comfortable, and affordable living space. Back entrance to the condo has a convenient treed and landscaped patio area, which makes grilling outdoors an option. Tile in kitchen and bath, new carpet installed in living room, hallway, and both bedrooms. Approximately 1 mile to shopping, restaurants, coffee shops, post office, banks, Rhode Island College. Its a short walk to the bus stop. Stove, refrigerator, dishwasher, garbage disposal, washer and dryer. Two built-in air conditioners and three ceiling fans. Locked front entrance with an intercom system. Convenient parking next to the building for two cars. Bright lighting around the building for your safety in this quiet neighborhood area. Heat is not included; however, the condo is heated with gas which is very reasonably priced. Small well-behaved dog or cat will be allowed with the approval of the Warren Avenue Condo Association. Available to be seen April 1, 2017. Approximate cost factors that go along with owning Warren Ave. Condo #2 are as follows: Purchase Price: $94,900 Mortgage of $75,920 (based on 20% down $18,980) 30-year @ 3.832%, $355 monthly Monthly Fixed Expenses: Mortgage Payment $ 355 Condo Fees 167 (includes: water, sewage, landscaping, snowplowing, insurance on building, garbage collection, fire alarm system, maintenance of building, etc.) Taxes (20% discount = $20 owner occupied) 177 Owners Insurance 25 Total Monthly Expenses $ 724 Condo Rents for $1100 per month - Total Monthly Expenses $724 = Monthly Savings $376 Yearly Savings $4,512 There are other loan programs available with lower down payments. U. S. Veterans are welcome with zero down payment programs. By owning you will also get tax write-offs—interest, taxes and closing cost of mortgage. This will reduce your taxes and give you a larger tax refund. By owning the value of the condo will go up in the future years.
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