Weekly Update                                                   REMAX 1st CHOICE
Issue #96                                                             March 23, 2010

     WeLoveLofts.com    

 

To my Loyal Loft Loving Friends and Clients,    

 

I attended a forum last week held by the Fall River Mill Owners titled "Grow Our Mills, Grow Fall River".  At the forum, many lenders, business people and academics presented their organizations and offered unique opportunities to businesses that call Fall River their home. Despite their good intentions, I think that this organization has completely missed an opportunity that would attract a younger, more creative demographic to the City.  Take some of the empty mill building and build some cheap and cool Live/Work Lofts.  The benefits from bringing a younger, more dynamic demographic into the downtown area would fuel economic growth.  As we have learned, people that live in lofts are creative, hard working, and spend money.  They go to work every day and like the idea of walking to work.  They like the idea of living in a neighborhood and being surrounded by restaurants and coffee shops and bars. Build Lofts, Fall River, and

the people will come and fuel your economy.

 

I am going to list another church that has been converted into a single family residence in Westport, MA.  All of you that missed your opportunity on C Street in Cranston and Ohio Ave in Providence should pay attention.  I will include links to a couple of articles featuring this home below and a full listing next week.  BTW, the pics above are of this property.

 

I can proudly say the the last three units in Mile Square Lofts are closing next week.  When I first got my real estate license, I sat in front of Mile Square and ran an open house every weekend for almost a whole year.  This loft project was my first development and allowed me to meet buyers that ultimately bought Lofts both in this building and throughout the state of RI.  

 

I know that we talk about Lofts in this update, but sometimes buyers just want alot of space and can't really make a Loft work.  For those people, we are having an OPEN HOUSE at 46 Cucumber Hill Road in Foster.  Read about the huge 30x38 foot garage on 5.2 acres below.

 

I've been having some fun with my WeLoveLofts Blog. I can't say that it 100% is a loft blog, but it's 100% me.  Check it out, but please don't hold what I say or post against me.

 

WeLoveLofts Blog

 

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

  

Let's live in a church
 

 

Please check out the following links to view articles and pictures of a converted church that I am listing on Friday.

  

Design Sponge Online Article

 

and here-

 

RI Monthly Article 

Loft Development Opportunity!! 

 

The owner of 629 Prospect Street has expressed willingness to swap his unit for a loft, condo, single family home or multifamily home of similar.  if there is a disparity of value, one of the parties could bring some cash to the table to make the deal work.  If anyone out would like to discuss a deal, give me a call.

629 Prospect - Full Listing on WeLoveLofts.com   

Mile Square Lofts Unit 304

 

I just listed Unit 304 in Mile Square Lofts for sale.  This unit has been nicely modified with a nice and adjoining walk in closet, a work area, and a cool living and dining section.  there is currently a tenant in the units so buyers will have to wait until around September to move in...or could continue to rent, as an investment.  This unit totals around 1950 Sq Ft.  Click on the link below for the full listing:

Unit 304 in Mile Square Lofts   


          

 

Unit 8 in Ropeworks LOFTS

The price for Unit 8 in Ropeworks Lofts has dropped to $219,000.  This is an incredible price for a wonderful loft.

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 202 in LOFTS at the Strand

   

Unit 202 in Lofts at the Strand is now rented.  Luckily, we're now showing Unit 206.The address is still 79 Washington St in Providence, RI. 

The asking price is $995 per month.  This is a brand new unit with new carpet in the Bedroom, Living Room and Hallways, new paint, and new curtains for the windows. 

If you are looking for a downtown Providence Loft at a very reasonable price, this might be your chance!!

 

Weekly updates
 
PROV1 West Exchange2903$1,259,000ActiveNew Listing
SMTH15 Higgins Street311$177,900Active 
16490015 Higgins Street416$164,900ActivePrice Changed to $159,000
LINC2 School St321$119,900ActiveExpired
PAWT300 Front Street208$84,500PendingSold For $76,000
PAWT300 Front Street416$189,900ActiveNeed to add to Site
CFLS404 Roosevelt Ave405$329,000Active 
CFLS555 Roosevelt Ave205$165,000ActiveWithdrawn
CFLS555 Roosevelt Ave209$229Active 
CFLS555 Roosevelt Ave304$259,000ActiveWithdrawn
ESID555 South Main St319$338,000ActiveWithdrawn
WOON99 Allen Street211$154,900Active 
         

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