Turnkey 7-unit compound with significant upside in a strong Providence rental market. The asset consists of a 6-unit main building featuring (6) one-bed, one-bath units with gas baseboard heat, plus a detached ~989 SF cottage offering a 2-bed, 1-bath layout with electric baseboard heat. Ownership has completed all major capital improvements, including upgraded boilers and hot water systems, minimizing near-term capex. The property is professionally managed and benefits from tenant-paid utilities, creating an efficient and predictable expense structure. Off-street parking adds to tenant appeal and retention. Current gross income is $98,448, with a pro forma of $111,600, driven by below-market rents, presenting a clear and immediate value-add opportunity. This is a stabilized, income-producing asset with operational upside—ideal for investors seeking strong in-place cash flow with the ability to increase yield through rent growth.
4,589 Sq Ft
5,227 Sq Ft 地塊面積
投資
US$1,027 每月稅款
內建於 1900
MLS/房源編號 73508855
3 故事
7 單位
Parking - Common
Parking - Off Street
Parking - Tandem
Lot - Sloped
區塊
石頭
磁磚
雨水槽
Construction - Frame
Community - Park
Community - Public Transportation
Community - Shopping
Community - Sidewalks
Public Water
Public Sewer
橡膠
瀝青/複合瓦片
Community - T-Station
Community - Highway Access
Community - House of Worship
Community - Laundromat
Community - Medical Facility
Community - Private School
Community - Public School
每月總成本
US$0
US$0
US$0