MLS#: 1376129

$600,000 USD

  • Type
    Multi Family Home
  • Bedrooms
    7
  • Bathrooms
    4
The details

Property features

Key features

  • Parking
  • detached garage

Construction details

  • Year built: 1916

Other features

  • Heating system: Baseboard Gas
  • Garages: 2

Area

  • Land/Lot size: 372m²  (4,000ft²)
  • Bedrooms: 7
  • Bathrooms: 4
  • Total rooms: 11

Description

Highest and best by Tuesday 1/21/25 by 5pm. This property offers great versatility and investment potential! Here's a quick breakdown of its features. Mixed-Use Property has 3 Residential Units. Each Unit is a 2-bedroom, 1-bathroom layout, ideal for tenants seeking spacious accommodations. Commercial Space/Storefront: Flexible use as a business space or convertible into a 1-bedroom, 1-bathroom residential unit. Value-Add Potential of a Garage Conversion Opportunity to Create an additional unit (Accessory Dwelling Unit, ADU) to increase rental income and maximize property value. This is a prime opportunity for an investor or owner-occupant to generate income through a mix of residential and commercial tenants while exploring further expansion options. Let me know if you have any questions.

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Location

Providence, Rhode Island