Attention all Investors and Buyers seeking to maximize cash flow! 114 Jenkins is located on the first floor and is a lovely, traditional year-long rental space that includes 3 bedrooms and 1 bathroom. 116 Jenkins comprises the second and third floor offering 6 bedrooms and 2.5 bathrooms and is configured for co-living with multiple occupants under one master lease. Additional income is generated from the coin operated laundry room and ample parking area (2 spaces adjacent to the building and 4 deeded spaces that convey located in a nearby parking area). Both units are turnkey and the entire building has been impeccably maintained. Both units have current lead-safe certificates. Close to RISD, Brown and Miriam Hospital as well as shops, cafes and Whole Foods. Rock solid Cap Rate of 7% and over $90,000 in annual gross rental income makes this charming duplex a great addition to any savvy investor's portfolio.
| Location | |
|---|---|
| City/Town | Providence |
| County | Providence |
| Community Features | Bus, Hospital, Public School, Restaurants, Schools, Shopping |
| Interior | |
|---|---|
| Living Area | 3,158 sq. ft. |
| Rooms | 14 |
| Heating | Natural Gas, Baseboard, Forced Water |
| Cooling | None |
| Interior Features | Attic, Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Walls) |
| Additional Information | |
|---|---|
| Tax Assessment | $729,000 |
| Zoning | R3 |
| Exterior | |
|---|---|
| Acreage | 0.0725 |
Information is deemed reliable but is not guaranteed.
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