664 Plainfield
Providence
Rhode Island
États-Unis
02909

# MLS: 1353690

1 100 000 $US USD

Chambres
6
Salles de bain
4
Superficie de la résidence/du lot
1 162m² (12 504ft²)
Les détails

Caractéristiques de la propriété

Date mise à jour: 26 avr. 2024

Détails sur la construction

Année de construction
1909

Superficie

Superficie de la propriété
1 162m² (12 504ft²)
Superficie du terrain/lot
486m² (5 227ft²)
Chambres
6
Salles de bain
4
Système de chauffage
plinthe
chauffage au gaz
Virtual Tour

Description

Incredibly rare investment opportunity in Providence, a unique dual-building parcel. Nestled in the heart of Providence, this exceptional property presents a rare chance for discerning investors. Boasting two distinct buildings on a single lot, this offering combines immediate income potential with future growth prospects. The first building is completely occupied, housing 2 commercial units and 3 residential dwellings. Meanwhile, the second building is currently in the construction stage, about 70% completed and will also have 2 commercial units with 4 residential dwellings. With a total of eleven units spread across both buildings, the potential for substantial profitability is undeniable. The completed, corner building includes 3 three-bedroom units that are updated and properly maintained with 2 storefront units currently operating. Unfinished building pro forma rent is $9,000. NOI is $160,000. Seize this opportunity to diversity your portfolio and capitalize on Providence's real estate market.

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Emplacement

664 Plainfield
Providence
Rhode Island
États-Unis