Ideal for investors or owner occupiers, this massive 4000+sf multifamily with its great rental history and upside potential offers 3 spacious sun splashed units each comprising 3 bedrooms, double parlors, eat-in kitchen, pantry, hardwood floors and large front porch. Internal expansion potential is provided by the huge unfinished attic space and the 2 car garage provides additional off-street parking. The gas and electric utility infrastructure is separated by unit each of which is currently leased through May 2027(2nd and 3rd floors) and August of 2027(1st floor) at below current market rental rates. Centrally located on the East Side of Providence the convenient location provides quick access to College Hill/Thayer St, Hope Village, Downtown and train station as well as multiple shopping, educational and recreational facilities.
Owner occupied property tax is $8466. SF is estimated.
Residential Income
$1,100,000
Location
City/Town
Providence
County
Providence
Community Features
Bus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Shopping, Near Swimming, Tennis