Beautifully updated and remodeled, this income-producing 3-unit building offers a rare opportunity for investors or owner-occupants. Currently generating over $50, 000 in annual income, this property is a turn-key investment with the added bonus of a possible buildable lot ideal for future expansion or potential subdivision. Each unit features one bedroom, attracting long-term tenants and ensuring low-maintenance management. Over the past 10 20 years, the property has undergone comprehensive renovations, including updates to the roof, siding, windows, and heating systems, providing peace of mind for years to come. The property also boasts ample parking and a spacious yard for tenant enjoyment. Conveniently located near the East Side of Providence and major highways (Routes 95, 195, and 6), this is a rare find with strong cash flow and tremendous upside potential for a savvy buyer.Show Description MLS® Number1395819
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.26
ExteriorPaved Driveway
GarageNo
Approx. Age1920
BasementExterior Entry, Full, Interior Entry, Unfinished
DrivewayNo Garage
Garage Spaces
HeatBaseboard, Gas
A/CWindow Units
Heating Fuel
Approximate Owner Expenses: Water/Sewer $1624 Insurance $2018 Property Taxes $5830