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59 Depasquale Avenue

Providence, RI 02903
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 116 Days
  • MLS #: 1361408
Under Contract
$1,300,000
  • 4
    BEDS
  • 0.05
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 3,507
    SQFT
  • $371
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Three unit mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (Green building in photos). 3 total units consisting of a well established restaurant with long term tenant in place $4,000 mo (with incremental increases) as well as 50% of tax, water and sewer bill. There are 2 additional 2 bed one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants, baseboard heat, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. Third floor unit has loft space and private deck. See MLS 1361351 for listing on blue property next door. Properties may be purchased separately.

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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: 2024-10-06T23:37:31.653.
www.krekorianteam.com/homes/151590054
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59 Depasquale Avenue Providence, RI 02903

  • Price: $1,300,000
  • Status: Active Under Contract
  • On Site: 116 Days
  • MLS #: 1361408
4
Beds
2
Baths
0
½ Baths
0.05
Acres
3,507
SQFT
$371
$/SQFT
1900
Built
Neighborhood:
Federal Hill / Depasquale Plaza
County:
Providence
Area:
Providence
Property Description
Three unit mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (Green building in photos). 3 total units consisting of a well established restaurant with long term tenant in place $4,000 mo (with incremental increases) as well as 50% of tax, water and sewer bill. There are 2 additional 2 bed one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants, baseboard heat, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. Third floor unit has loft space and private deck. See MLS 1361351 for listing on blue property next door. Properties may be purchased separately.
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 Cathedral Ceiling(s) Stall Shower

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 10000 Property Sub Type Multi Family Senior Community YN No Sewer Connected Public Sewer Tax Annual Amount 14847 Tax Assessed Value 423000 Tax Lot 0972 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: 2024-10-06T23:37:31.653.
 
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John Krekorian | RE/MAX Flagship
140 Point Judith Road #23
Narragansett RI, 02882