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57 Depasquale Avenue

Providence, RI 02903
  • $1,800,000
  • STATUS: Active Under Contract
  • ON SITE: 114 Days
  • MLS #: 1361351
Under Contract
UPDATED: 81 min ago
$1,800,000
  • 9
    BEDS
  • 0.05
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 5,810
    SQFT
  • $310
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Iconic mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (blue building in photos). 4 total units consisting of a well established restaurant with long term tenant in place $6,000 mo as well as 50% of tax, water and sewer bill. There are 3 additional three bedroom, one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants and have forced hot air and central AC, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. This building currently brings in over $14,000 per month! See MLS 1361408 for info on adjacent building's listing (green building). Properties do not need to be purchased together.

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[Rhode Island Statewide MLS] logo

© 2024 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: 2024-10-04T09:37:41.91.
www.krekorianteam.com/homes/151568977
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57 Depasquale Avenue Providence, RI 02903

  • Price: $1,800,000
  • Status: Active Under Contract
  • On Site: 114 Days
  • Updated: 81 min ago
  • MLS #: 1361351
9
Beds
3
Baths
0
½ Baths
0.05
Acres
5,810
SQFT
$310
$/SQFT
1900
Built
Neighborhood:
Federal Hill / Depasquale Plaza
County:
Providence
Area:
Providence
Property Description
Iconic mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (blue building in photos). 4 total units consisting of a well established restaurant with long term tenant in place $6,000 mo as well as 50% of tax, water and sewer bill. There are 3 additional three bedroom, one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants and have forced hot air and central AC, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. This building currently brings in over $14,000 per month! See MLS 1361408 for info on adjacent building's listing (green building). Properties do not need to be purchased together.
Exterior Features

Construction Materials Drywall Other Covered Spaces 0 Foundation Details Combination Frontage Length 0 Garage YN No Parking Features No Garage Parking Total 0

Interior Features

Appliances Dryer Disposal Gas Water Heater Microwave Oven Range Refrigerator Washer Basement Full Unfinished Basement YN Yes Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring Ceramic Tile Hardwood Vinyl Heating Forced Air Gas Heating YN Yes Interior Features Skylights Stall Shower Window Features Skylight(s)

Property Features

Community Features Highway Access Near Hospital Public Transportation Electric 100 Amp Service200+ Amp Service Circuit Breakers Human Modified YN Yes Inclusions 1st floor pays 1 /2 of annual watersewertax bill. Landlord covers wifigas and electric for all units. Leases are mo to mo and terms can change Land Lease YN No Laundry Features In Unit New Construction YN No Operating Expense 18000 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Tax Annual Amount 30817.8 Tax Assessed Value 878000 Tax Lot 0423 Tax Year 2023 Utilities Sewer Connected Water Source Connected Public

[Rhode Island Statewide MLS] logo Listing information © 2024 State-Wide Multiple Listing Service.
Listing provided courtesy of Churchill & Banks Co., LLC: .



[Rhode Island Statewide MLS] logo

© 2024 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: 2024-10-04T09:37:41.91.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882