What better way to become a home owner in one of the sought out areas of RI with such an affordable mortgage?! Envision relaxing in the over-sized yard with the grass trimmed, flush and green. Be wow'd by what a difference power washing the exterior will do to brighten up and clean those shingles. Few will be able to envision what this diamond in the rough could truly become, which could mean less chance for another multiple offer situation that leaves you starting your search all over again in this competitive market. The possibilities are endless when you can purchase a blank canvas at such an affordable price such as this, with plenty of room in the budget for customizing it to exactly what you've been looking for all along. Those who qualify, can easily utilize the benefits of an FHA 203K loan to incorporate the renovation costs right into your loan and make this property your home in as little as 60 days - pending short sale approval.