58 Veazie Street
Providence,
RI
02908
Property Details
List Price: |
$549,900 |
Beds: |
8 |
Baths: |
3 |
Status: |
Active |
SqFt: |
3720 |
Agency: |
Mott & Chace Sotheby's International Realty |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1930 |
Notes: |
Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 bathrooms. The first floor unit with 2 bedrooms has been completely renovated with new flooring, paint, appliances, and an updated bath. The second and third floor units are identical, with 3 bedrooms and 1 bath each, a large dining room with galley kitchen, large living rooms, and a closed in porch. Each has updated bathrooms, hardwood floors, and bay windows. The property also has a two car garage with additional rental income possibility, replacement windows, new architectural shingle roof (GAF), each unit has a new Viessmann on demand heating and hot water system. Tenants on 2 & 3 are mo to mo with lower than average rents. Currently a 7.5-8% cap, with market rents would be higher. This is also an ideal opportunity for an owner occupant, to live free from a mortgage payment while building equity. |
MlsNumber: |
1356660 |
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Listing Provided By: |
Mott & Chace Sotheby's International Realty, original listing |
Name: |
Mott & Chace Sotheby's International Realty |
Phone: |
(401) 789-8899 |
Office Name: |
Mott & Chace Sotheby's Intl. |
Office Phone: |
(401) 314-3000 |
Agent Name: |
Robert Rutley |
Disclaimer: |
Copyright © 2024 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |