OWNER FINANCING-Owner will hold first mortgage with 25% down at 5.5% interest rate amortized over 30 years for a term of 10 years. The Birchwood Apartments located at 6 & 8 May Street in North Providence RIis comprised of 24 units (10-two bedrooms and 17-one bedrooms) in two-2.5 story brick garden style apartment buildings built in 1986. Owned and managed by the original builder the buildings are set on a professionally landscaped site with off street parking and coin-op laundry in each building. Property has great upside in the potential income. Additional income includes laundry and a heated and air-conditioned garage behing 6 May.