16 Governor, Providence, RI, 02906

Investors take note. This legal three unit property in the highly sought after Fox Point neighborhood one block from Wickenden Street offers strong, consistent rental performance and recent updates throughout. Each fully furnished unit features three bedrooms, a living/dining area, and a well appointed kitchen with a breakfast bar. Bedrooms come complete with a bed, nightstand, dresser, desk, and chair—an ideal turnkey setup for maximizing occupancy and rental income. The 3rd floor has been completely reconfigured and renovated, featuring a vaulted ceiling with skylights. Building systems include gas forced hot air heat, central air conditioning, replacement windows, all separate utilities, plus a house electric meter. Additional highlights include coin op laundry in the basement, a clean and well maintained interior, a newly replaced copper water service line, and lead conformance certificates in place. Parking is plentiful with space for four cars behind the building, plus a small garage fronting on Goulding Street. This property may also be purchased as a package with 20 Governor Street, MLS# 1404991, offering an exceptional opportunity to expand your East Side investment portfolio.

Residential Income
$1,065,000
Location
City/TownProvidence
CountyProvidence
Community FeaturesBus, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis
Interior
Living Area3,200 sq. ft.
Rooms15
HeatingNatural Gas, Forced Air
CoolingCentral Air
Interior FeaturesWall (Dry Wall), Wall (Plaster), Skylight, Plumbing (Mixed), Insulation (Unknown)
Additional Information
Tax Assessment$860,300
Exterior
Acreage0.09
Listed By: Residential Properties Ltd.

Information is deemed reliable but is not guaranteed.

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