Description
Horvath & Tremblay is pleased to present the exclusive sale of the multi family investment property located at 165 Knight Street in Providence, Rhode Island (the “Property”). The Property consists of a two-story multi family building and contains four (4) residential units comprised of two (2), 1-Bedroom/1-Bathroom units and two (2), 3-Bedroom/1-Bathroom units with 2,970 square feet of living area in 4,742 gross square feet on a 0.074-acre parcel of land. The Property has two (2) on-site parking spaces and is separately metered for electricity, heat, and hot water, which the tenants pay directly. The opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply constrained residential market. The property currently has 3/4 units occupied with one of the 1-bedrooms being vacant, providing an opportunity for an FHA buyer.
- Principal and Interest
- Property Tax
- HOA fee