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Rhode Island, Providence County, Providence, USA

USD $875,000
John D Wood International, USA 9
PROPERTY TYPE

Apartment

BEDROOMS

6

BATHROOMS

3

SIZE

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Key features

  • Cooling: No A/C
  • Garage Count: 2 Car Garage
  • Sewer: Public
  • Special Program: Global Luxury
  • Water: City Water

Description

Discover this prime investment opportunity with this 3 family home located on Providence's East Side. This property boasts a robust rental history and offers great potential for increased returns. The first and second floor units feature 2 bedrooms each, a full bath, kitchen and double parlors, providing ample living space for tenants.The second floor unit has been tastefully updated with a renovated kitchen and new windows. The third floor unit also features 2 bedrooms with plenty of room and natural light. Current rental rates are below market value, presenting an exciting opportunity for investors to increase income. With a vacant second floor unit and the third floor that will be vacant May 31, there is flexibility for rental adjustments. The first floor lease expires on August 31, 2025. Additional updates include a newly shingled roof in 2023, and 3 year old boilers for all units. The vinyl siding ensures low maintenance costs for years to come. Situated on a large lot with a two car garage, there is plenty of room for parking and outdoor enjoyment. Steps to the shops and restaurants of Hope Village, Whole Foods, Brown University, RISD and downtown Providence.


Rhode Island, Providence County, Providence, USA

NEAREST AIRPORTS

Distances are straight line measurements
  • Boston-Logan(International)
    41.2 miles
  • Hartford-Bradley(Local)
    66.9 miles
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About John D Wood International, USA 9

Established in Mayfair in 1872, John D Wood & Co. has 150 years experience specialising in selling and letting properties in London, the South of England, country and internationally, as well as staff relocation services and interior consultancy, and are committed to offering a bespoke service, a strategic approach to marketing, and local expertise that has been trusted for generations.

When we promise the world, we mean it.

We cover 30+ countries through a network of strategically handpicked international partner agents who are leading agents in their markets.

Together we offer an international reach, with local expertise, and a commitment to excellence. Whether you're seeking a rural holiday home, a beachfront villa, or a city centre apartment, we can help make your dream a reality.

Notes

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This is a property advertisement provided and maintained by John D Wood International, USA 9 (reference 20613419_14491403) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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