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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $298
Subdivision East Side
MLS Listing ID 1379004
Bedrooms 5
Full Baths 3
Year Built 1902
Annual Tax Amount $12,016
Tax Year 2024
Lot Size 4,791 Sqft
Property Sub-Type Multi Family
Property Description
Fantastic three-family investment opportunity in Providence's East Side, steps from Hope Street, Brown University, RISD, and the Observatory. This fire-code-compliant, well-maintained property offers zero vacancy history and strong rental potential with below-market rents an opportunity for immediate upside. Two spacious 2-bedroom, 1-bath units featuring double parlors, decorative fireplaces, and plenty of living space. Top-floor 1-bedroom unit is light-filled and expansive, offering a unique and desirable layout. Low-maintenance vinyl siding, coin-op laundry in basement, and recently serviced boilers. Walk-out basement, dry year-round, just cleaned out and ready for new possibilities. Large backyard with potential for additional parking or a shared patio. With tenants on month-to-month leases, this is a prime opportunity to increase rental income in a highly sought-after location. Turnkey investment with room for value-add improvements.
Location
State RI
County Providence
Community East Side
Zoning R2
Interior
Heating Gas
Cooling None
Flooring Hardwood, Laminate
Fireplaces Type None
Laundry Common Area
Exterior
Exterior Feature Porch, Paved Driveway
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
Utilities Available Sewer Connected
Building
Foundation See Remarks
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Vinyl Siding
New Construction No
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