For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,806 sqft
Price per Sqft $122
Subdivision Federal Hill
MLS Listing ID 1343233
Sold Date 10/01/23
Bedrooms 9
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 4,806
Year Built 1870
Annual Tax Amount $10,573
Tax Year 2022
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Attention investors, here's a golden opportunity you won't want to miss! Nestled in a prime location in Federal Hill, this 3-unit multi-family building is a diamond in the rough, waiting for your expertise to shine. Perfectly situated within walking distance of the Providence Place Mall and The Amica Mutual Pavilion, this property offers unbeatable convenience and potential. Each unit features 3 spacious bedrooms and 1 bathroom, making them highly desirable for tenants. High ceilings throughout the building add a sense of spaciousness and grandeur. A fireplace in each unit adds character and charm, making it a cozy place to call home. What truly sets this property apart is its history. This is the first time it has been available on the market in 71 years, presenting a once-in-a-lifetime chance for savvy investors. While the property requires some TLC, it offers immense potential for the right buyer. This property is ideal for cash buyers, those considering a 203k loan, or rehab loan options. With the right vision and investment, you can transform this diamond into a lucrative income-producing asset. Don't let this remarkable investment opportunity slip through your fingers. With a little creativity and investment, you can unlock the full potential of this multi-family building and watch your returns grow. Act quickly to secure your piece of this prime Providence real estate.
Location
State RI
County Providence
Community Federal Hill
Zoning C-1
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Gas, None
Cooling None
Flooring Hardwood, Laminate
Fireplaces Number 3
Fireplaces Type Masonry
Fireplace Yes
Appliance Gas Water Heater
Exterior
Exterior Feature Paved Driveway
Parking Features Attached
Garage Spaces 2.0
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
Utilities Available Sewer Connected
Total Parking Spaces 6
Garage Yes
Building
Foundation Concrete Perimeter
Sewer Connected
Water Connected
Structure Type Drywall,Plaster,Aluminum Siding
New Construction No
Others
Senior Community No
Tax ID 15PALLASSTPROV
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 State-Wide Multiple Listing Service. All rights reserved.
Bought with Compass