CCertihomes
60 Mendon, Woonsocket, RI 02895

$1,800,000

0 beds 0 baths Built 1967Active

About this home

Great opportunity in this ideal location!!! This beautiful building formally known as The Ballou Home is now ready for someone to finish this conversion to 21 approved 1 & 2 bedroom, 55+ condominiums or rental units that are all ready to go! A lot of the demo has been completed and the approved project plans are available for review. The 1.53 acres of grounds include a gazebo, some privacy fencing, a 2 car garage and plenty of additional parking spaces to accommodate each unit with additional guest parking. This building has a large basement that has laundry facilities, a hair salon, a proposed gym and plenty of storage space including a media/ office room. It is within walking distance to amenities and a shopping center. Don't miss this opportunity!!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$18,250/mo

Real estate (PITI + HOA + PMI)
$13,448
Principal + interest$8,164
Property tax + insurance$4,609
PMI / 2nd mortgage$675
Utilities
$10,482
Heating + cooling$5,088
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$141
Car insurance + maintenance$141
Other (entertainment)
$140
$18,250/mo TLC
Budget$18,750/mo
Remaining after TLC$500/mo
Purchase price
$1,800,000
Down payment
$90,000 (5%)
Loan amount
$1,710,000
APR
4%

Quick facts

Type
Business Opportunity
Style
Year built
1967
Lot size
1.53 ac
Stories
0
Heating
Cooling
Water
Connected
HOA
Annual tax
MLS #
1355351
County
Providence

At a glance

Basement
New construction

Home features

Interior
Ceiling Height: 7-9 Ft
Sewer
Connected

Lot features

Rural

Neighborhood — 02895

MetricThis ZIPCountyUSA
Population45,4401,095,423299,088,112
Population Change Since19902.00%9.00%20.00%
Population Density5,676994
Male21,736529,266147,432,321
Female23,704566,157151,655,844
Never Married11,009266,40463,775,926
Married15,768435,678123,120,365
Separated2,03843,64212,639,686
Widowed3,27866,66815,467,586
Divorced4,06583,84323,075,029
Number Of House Hold18,553410,399111,826,380
Average House Hold Size2.372.562.60
Medial Age35.3537.2735.46
Median House Hold Income$34,474$47,553$48,276
Average House Hold Income$42,753$61,609$63,629
P C I$18,397$23,965$24,529
M D I$30,455$40,634$41,133
A T H E$39,466$49,940$50,898
S T R7.00%7.00%
W C J83.03%78.02%77.74%
(Zip) Code
2895

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

Open in Google Maps →
RI & State Wide MLS

Listing information last refreshed 3/25/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.