Outstanding investment and development opportunity! This fully leased three-family property, complete with a detached garage, offers immediate cash flow and exceptional future potential. Situated on an expansive lot with significant frontage, the property presents exciting possibilities for additional development, including a potential accessory dwelling unit (ADU) or other value-add opportunities, subject to approvals. The three-family residence has been recently renovated and is occupied by stable tenants, providing strong in-place income from day one. The first floor unit will be soon vacant, and can easily be used as a spectacular owner's unit! Ideally located in a highly desirable suburban setting, this property offers the perfect blend of neighborhood charm and everyday convenience. Enjoy easy access to major highways, shopping, dining, local amenities, and all the attractions and opportunities of downtown Providence. Can be sold alone or with MLS 1414035 as a package.
7 days
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426
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27
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Zillow last checked:
Listing updated:
Listed by:
Melissa Riley,
Westcott Properties
Source: StateWide MLS RI,MLS#: 1418173
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Full bathrooms: 3
Heating
Natural Gas, Baseboard
Cooling
None
Features
Flooring: Hardwood
Basement: Full,Interior Entry,Unfinished
Has fireplace: No
Interior area
Total structure area: 2,700
Total interior livable area: 3,400 sqft
Property
Parking
Total spaces: 11
Parking features: Detached
Garage spaces: 1
Lot
Size: 0.35 Acres
Details
Parcel number: NPROM11L348
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Vinyl Siding
Condition
New construction: No
Year built: 1920
Utilities & green energy
Electric: Circuit Breakers
Utilities for property: Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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