Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 bathrooms. The first floor unit with 2 bedrooms has been completely renovated with new flooring, paint, appliances, and an updated bath. The second and third floor units are identical, with 3 bedrooms and 1 bath each, a large dining room with galley kitchen, large living rooms, and a closed in porch. Each has updated bathrooms, hardwood floors, and bay windows. The property also has a two car garage with additional rental income possibility, replacement windows, new architectural shingle roof (GAF), each unit has a new Viessmann on demand heating and hot water system. Tenants on 2 & 3 are mo to mo with lower than average rents. Currently a 7.5-8% cap, with market rents would be higher. This is also an ideal opportunity for an owner occupant, to live free from a mortgage payment while building equity.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $549,900 | $148 | Mott & Chace Sotheby's Intl. |
Elementary School Veazie Street School | 0.3 miles away | KG - 06 | |
High School E - Cubed Academy | 0.5 miles away | 09 - 12 | |
Elementary School Harry Kizirian Elementary School | 0.7 miles away | KG - 06 |