304 Pearl Street, Unit 202
304 Pearl Street, Unit 202
$240,000
1
1
921
921
$261
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...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.
- Listed by Jess Powers • eXp RealtyP: 401-559-7674 jesslpowers84@gmail.com
Property Details for 304 Pearl Street, Unit 202
Subdivision Name
West End
Building NamePearl Street Lofts
Architectural StyleLoft
Pets AllowedYes
Location
LISTING UPDATED: 04/06/2024 12:32 AM
Property Details for 304 Pearl Street, Unit 202
Status | Active |
---|---|
MLS # | 1355032 |
Days on Market | 31 |
Taxes | $2,159 / year |
HOA Fees | $347 / month |
Condo/Co-op Fees | - |
Compass Type | Condo |
MLS Type | Residential / Condominium |
Year Built | 1879 |
County | Providence County |
Location
Building Information for 304 Pearl Street, Unit 202
Building/ComplexPearl Street LoftsFloor-Stories1Residences-Pet PolicyAllowedYear Built1879
Payment Calculator
$1,837 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 304 Pearl Street, Unit 202
Property History for 304 Pearl Street, Unit 202
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 304 Pearl Street, Unit 202
Taxable ValueLand-Additions$206,400Total-
Tax Record2023$3,787 ($316 / month)
Home Facts
Beds1Baths1Total Finished SqFt921 SqFtAbove Grade Finished SqFt921 SqFtStories1StyleCondominiumYear Built1879Year Renovated2005ZoningM-MU-7CountyPROVIDENCEAPNPROV M:30 L:680 U:202
Schools near 304 Pearl Street, Unit 202
This home is within Providence School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 1 | |||
Public - | PK to 4 | |||
Public - | PK to 5 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Charles N. Fortes Elementary School PublicPK to 1 | ||
asa messer elementary school PublicPK to 4 | ||
Martin Luther King El. School PublicPK to 5 | ||
Carl G. Lauro El. School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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