BlogLifestyleNewsPress February 11, 2020

Mott & Chace Sotheby’s International Realty Announces The 903 Residences at Providence Place are Now Over Fifty Percent Owner Occupied

Mott & Chace Sotheby’s International Realty is pleased to announce The 903 Residences at Providence Place are now more than fifty percent owner occupied. The 903, with its increased owner occupancy, is creating additional financing options for potential buyers with new programs, such as Fannie Mae and Freddie Mac backed approvals, that were previously unavailable.

Mott & Chace Sotheby’s International Realty is the preferred listing partner for the condominium units at The 903 Residences. The specialists, Ben Scungio, Sara Chaffee, Kimberly Marion, and The Blackstone Team, have been instrumental in closing over $24M since the partnership was established in the Fall of 2018. With 65 units closed or in contract, the team at Mott & Chace Sotheby’s International Realty is a driving force in changing the structure of the established condominium association from long term rentals to primarily owner-occupied units.

“The 903 Residences has been in the past viewed as a rental property,” states Ben Scungio, Mott & Chace Sotheby’s International Realty Providence Office Manager and Team Lead for The 903 partnership. “We are now more than half owner occupied and excited to offer incoming clients a compelling opportunity to join the community of proud owners.”

Located close to downtown attractions, the train and the highway, the complex offers amenities that include concierge services, 24-hour fitness center, pool, dog park, movie theater and parking. In-unit amenities feature stainless steel appliances with select units offering gas fireplaces and balconies. The 903 Residences provide a tranquil oasis to call home when you are not exploring the city.

Open every Saturday and Sunday from 12PM – 3PM, please visit The 903 Residences site for more information.