Description
This legal 3-unit property in Providence’s Silver Lake offers strong income potential ($2,100+ per unit) with the possibility of adding a fourth unit. Located on a quiet dead-end street with street parking only and a spacious backyard, it features two vacant 2-bedroom/1-bathroom units and one 3-bedroom/2-bathroom unit (one room currently rented). Key property features include:
– Two newly updated units
– Separate, tenant-paid utilities
– Updated energy-efficient heating systems and 100-amp electrical panels
– Large basement with high ceilings, laundry hookups, and expansion potential
This is an ideal opportunity for investors or owner-occupants seeking flexibility, upside, and long-term cash flow. Please let me know if you would like more details or to schedule a viewing.
- Principal and Interest
- Property Tax
- HOA fee