Description
This well-maintained 4-unit multifamily offers a fantastic mix of layouts, featuring two 1-bedroom apartments and two 3-bedroom apartments. Each unit is generously sized, providing comfortable living space for tenants. The property is set on a good-sized lot with plenty of off-street parking to accomodate residents and guests with ease. Ideal for both investors seeking strong rental income and owner-occupants looking to offset living costs, this property blends functionality, convenience, and long-term value.
Subject to 1031 exchange.
Property Id : 700917
Price: $ 699,900
Property Lot Size: 0 ac
Rooms: 18
Bedrooms: 8
Bathrooms: 4
Basement: Full,Interior Only,Unfinished,Storage Space
Bathrooms Full: 4
Bathrooms Half: 0
Building Area Total (sqft): 2340
Community Features: Bus,Commuter Bus,Golf,Highway Access,Hospital,Interstate,Private School,Public School,Railroad,Recreational Facilities,Restaurants,Schools,Shopping,Near Swimming,Tennis
Construction Materials: Plaster,Aluminum Siding,Vinyl Siding
Cooling: None
Parking Total: 6
Electric: 100 Amp Service,Circuit Breakers
Fireplaces Total: 0
Flooring: Ceramic Tile,Laminate,Vinyl
Foundation Details: Concrete Perimeter
Garage Spaces: 0
Heating: Natural Gas,Central,Gas Connected
Fire District Tax: 0
Laundry Features: Off Site
MLS Listing #: 1393017
Living Area Source: Public Records
Living Area Units: Square Feet
Lot Features: Paved Driveway,Paved
Lot Size SQFT: 3049
MLS Status: Active
Number Of Units Total: 4
Parking Features: No Garage
Bathroom Features: Bath w Tub & Shower
Sewer: Connected
State: RI
Stories: 3
Street Additional Info: 55
Street Name: Fairmount
Street Number: 53
StreetNumberNumeric: 53
Street Suffix: Avenue
Structure Type: Up/Down
Annual Taxes: 8478
Water Source: Connected
Year Built: 1920
Address: 53 55 Fairmount Avenue
City: Providence
Area: Mt. Pleasant
State/County: Providence
Zip: 02908
Country: US
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Other Features
Gas Water Heater
Has Heating System
Insulation (Cap)
Open Parking
Plumbing (Mixed)
Property Attached
Refrigerator
Wall (Plaster)
$ 4,142.42
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,267.54
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