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Key Details
Sold Price $535,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,774 sqft
Price per Sqft $192
MLS Listing ID 1379508
Bedrooms 6
Full Baths 2
Year Built 1920
Annual Tax Amount $6,870
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Multi Family
Property Description
Prime Opportunity in Elmhurst! This versatile 2-unit home is perfect for owner-occupants looking to offset their mortgage with rental income or investors seeking a well-positioned multi-family property. Located in one of Providence's most investable neighborhoods, just moments from Providence College and Roger Williams Medical Center, this property offers strong rental demand and consistency. Each unit has 3 bedrooms, one bathroom and over 1250sq/ft of living space. Electric and heating utilities are separate for each apartment. Unit 1 was recently painted and the galley kitchen was updated with new lower cabinetry with a granite countertop and tiled backsplash. This unit has move-in-ready appeal perfect for an owner-occupant or a high-quality tenant. Unit 2 is currently rented below market value on a month-to-month lease, giving the new owner flexibility to adjust rent or make updates for increased returns. Additional highlights include hardwood floors throughout, high ceilings, a recently rebuilt front porch, washer/dryer in the basement, and plenty of off-street parking with 6 spots. Whether you're looking for a place to call home with built-in rental income or a smart addition to your investment portfolio, this property delivers location, opportunity, and income potential.
Location
State RI
County Providence
Zoning R-2
Interior
Heating Baseboard, Gas, Hot Water, Oil
Cooling Window Unit(s)
Flooring Hardwood, Vinyl
Fireplaces Type None
Laundry Common Area
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Utilities Available Sewer Connected
Building
Sewer Connected, Public Sewer
Water Public
Structure Type Plaster,Vinyl Siding
New Construction No
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