Description
Take a look at this turn key, fully performing 7- Unit, comprising two separate buildings. Not only is this a great revenue generator but will certainly grow in value due to its layout and location! The property is made up of six 1 bed on bath units in a well laid out manor on the rear of the property and a 2 bed 1 bath single family cottage in the front. The buildings feature a new roofs, new mechanicals, and a new fire system. Conveniently located in the heart of Providence, this area is close to all amenities and highways for easy commute! This could be your next money maker that doesn't make you work! No work, all play with this one. Let this be your next investment property and have no headaches.Tenants are responsible for their own utilities. High cap rate of 8.80%
-
4BEDS
-
0.12ACRES
-
4BATHS
-
01/2 BATHS
-
3,591SQFT
-
$199$/SQFT
School Ratings & Info
Description
Take a look at this turn key, fully performing 7- Unit, comprising two separate buildings. Not only is this a great revenue generator but will certainly grow in value due to its layout and location! The property is made up of six 1 bed on bath units in a well laid out manor on the rear of the property and a 2 bed 1 bath single family cottage in the front. The buildings feature a new roofs, new mechanicals, and a new fire system. Conveniently located in the heart of Providence, this area is close to all amenities and highways for easy commute! This could be your next money maker that doesn't make you work! No work, all play with this one. Let this be your next investment property and have no headaches.Tenants are responsible for their own utilities. High cap rate of 8.80%
![[Rhode Island Statewide MLS] logo](https://static.boomtownroi.com/content/photos/rhodeisland/idx/idx-large.gif)
© 2023 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | RE/MAX Flagship are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | RE/MAX Flagship. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-05T15:37:37.103.