83 Terrace, Providence, RI, 02909

Silver Lake 3-Family Investor or Owner-Occupant Opportunity. Three units in one of Providence's steadiest rental pockets. The setup is a 1-bedroom first-floor unit plus two 2-bedroom apartments on the second and third floors, with an attached 2-car garage and off-street parking. Live in one and let the other two carry you, or drop it straight into your portfolio. Projected $72,000 in annual rental income once all units are rented at market rate. All tenants are currently month-to-month. Strong in-place and market rents, Section 8 friendly, and a location that stays rented. Whether you're house-hacking your first multi or adding to a growing portfolio, this is a turnkey three-unit in a neighborhood that holds its demand. Schedule your showing today.

Residential Income
$599,000
Location
City/TownProvidence
CountyProvidence
Community FeaturesBus, Commuter Bus, Highway Access, Hospital, Interstate, Private School, Public School, Railroad, Restaurants, Schools, Shopping
Interior
Living Area2,964 sq. ft.
Rooms13
HeatingNatural Gas, Baseboard
CoolingWall Unit(s)
Interior FeaturesWall (Dry Wall), Plumbing (Mixed), Insulation (Unknown)
Additional Information
ZoningR-3
Exterior
Acreage0.068
Exterior FeaturesPatio, Porch
Listed By: Smith And Oak Real Estate Co.

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