WeLoveLofts.com    

 

Weekly Update                                                      REMAX 1st CHOICE
Issue #72                                                               November 24, 2010

 
To my Loyal Loft Loving Friends and Clients,

In the spirit of Thanksgiving, I want to thank my loyal clients and friends.  Starting the WeLoveLofts website has given me both a job and an sense that I am making a positive difference in the world.  I am blessed to help people find homes that they love and give thanks for the people in my life every day.

 

I am happy to say that a Purchase and Sale agreement for Unit 408 in Blackstone Landing Lofts is being signed today and will be submitted for bank approval.  We'll keep our fingers crossed on that one.  This unit is also being listed as a rental, as it is being bought as an investment and the buyer has every intention of continuing to rent it.

 

We have a new listing in Riverfront LOFTS in Pawtucket.  Unit 616 has the largest Skylight in relationship to the footprint of the unit, that I have ever seen. I have updated the photos in both MLS and on my web site. See a picture of the huge skylight, as well as a link to the listing on my web site below.  

  

We have a new listing in Pearl Street LOFTS.  This unit is one of the least expensive options within walking distance of Downtown Providence (with parking) on my site.  I will give more details below.

Unit 8 in The Ropeworks Lofts in New Bedford is being listed for rent for $1700 month.  The seller has also dropped the "for sale" price to $235,000.  Either way, this is a really beautiful unit with great light and space.  Ropeworks is a visual artist's community, so tenants must, in some way, be involved with the arts.  I'll post a link to the YouTube video and a picture below.   

Please call me when you are ready to start looking for a Loft or other type of home.  It is a gift to be able to help clients find homes that they love.

John
The Cube - Development Opportunity

  

Earlier this week I listed a cool commercial Building for sale.  This building could be finished as a commercial space or as a small LOFT development.  The following documentation is available for review:

  1. Phase I Environmental Report
  2. Pawtucket Zoning report
  3. 2010 Tax Statement
  4. Full Set of Architectural Plans
  5. Pawtucket Plat Map
  6. Pawtucket Assessors Report
  7. Google Maps Photography of area
  8. Sellers Synopsis of project

In a nutshell, this property could be developed either 4 or 5 Loft properties with 5 parking spots inside and 5 spots outside.  The Property in gutted and sand blasted clean.  the windows need to be replace, but their location makes for incredible light in the spaces.  There is a full basement for resident storage.  This property is Listed for $350,000 but all offers will be considered.  In addition, the seller may consider holding a second mortgage, over an initial $200,000 first place loan, to properly qualified buyers. 


Unit 616 in Riverfront LOFTS

Unit 616 in Riverfront Lofts is being listed for the first time with WeLoveLofts and the price is will be $199K. 

Check out the picture of the skylight in this unit. 

Click on the link below to see more pictures and the full listing:

Riverfront Lofts Unit #616

Unit 8 in Ropeworks LOFTS

The price for Unit 8 in Roepworks Lofts is being dropped to $235,000.  This unit can also be rented for $1700 per month.  Please note that this is a Visual Artist's Community and buyers and tenants must have some working interest in the arts.  Click on the link below to see more pictures and the full listing:

Unit 8 in Ropeworks Lofts
For RENT - Unit 408 in Blacksone Landing LOFTS

Unit 408 in Blackstone Landing is being listed for rent.  The unit can be rented for $950 per month.  This loft is super stylish and completely updated with all options.  All appliances are are new as well as a high end washer and dryer.  I have the keys and a showing is easy.

Blackstone Landing Unit 408 RENTAL

46 Cucumber Hill Rd, Foster RI

 

 

OK, there must be some readers out there that are sick of lofts or want a second home in the country to keep their horses.  For those individuals, please consider 46 Cucumber Hill Rd in Foster RI.  This great property is priced very reasonably at $219,000 and includes a 2 bedroom home, a huge 30 x 38 three bay garage with full second floor, and a five bay stable for horses.  The property is on 5.2 acres and couldn't be nicer.  Click on the link below to see a YouTube Video.  This is an easy show, I have the keys.

 

46 Cucumber Hill Road on YouTube

Weekly updates
ESID10 East Street6$349,000ActivePending
PAWT10 Exchange Court616$199,000ActiveNew Listing
LINC2 School St227$175,000PendingSold for $175,000
LINC2 School St320$109,900PendingSold for $100,000
LINC2 School St325$179,000 ActiveExpired
LINC2 School St423$154,000ActiveWithdrawn
WOON24 Front St7$129,900PendingSold for $40,000
PAWT300 Front Street201$158,500ActivePrice Changed to $149,500
PAWT300 Front Street208$115,000ActivePrice Changed to $107,900
PAWT300 Front Street416$194,900ActiveNew Listing
BRIS341 Thames Street101S$550,000ActivePrice Changed to $495,000
BRIS341 Thames Street207S$375,000ActiveSold for $352,000
NKNG40 Web Ave209$139,000ActiveSold for $136,300
CFLS404 Roosevelt Ave202$155,000 ActivePending
PROV407 Pine Street204$199,000ActiveNew Listing
PROV407 Pine Street402$214,900ActiveNew Listing
CFLS555 Roosevelt Ave205$165,000ActiveNew Listing
CFLS555 Roosevelt Ave304$259,000ActiveNew Listing
ESID555 South Main St234$229,000ActivePrice Changed to $219,000
WOON63 Blakeley St103$115,000PendingSold for $115,000
PROV79 Washington St201$75,000PendingSold For $55,000


   
Good luck in your search.  I am usually available to help you find the home that you dream about. 
 
Sincerely,
 
John Risica
In RI   401-439-3634
In MA 617-755-5564