74 Sutton Street, Providence, Residential Income

This classic Federal Hill gem dating back to the 1850s has been carefully maintained and modernized. Located between Atwells Ave & Broadway, this 3-unit property offers spacious interiors, with the first floor set up as a 2-bedroom, 1-bath unit, floors two and three are both 3-bedroom, 1-bath units. All separate utilities, a newer roof(2023), vinyl siding, and replacement windows, plus a 3 bay garage add to the property’s worry free ownership. An ideal acquisition for a savvy investor in one of the city’s prime rental markets due to the areas walkability to many cafes, shops, eateries, and proximity to Downtown Providence. The property is currently fully occupied, with a mix of leases and month-to-month tenancies creating a possibility for an owner occupant to live in one of the units while benefitting from two market rents to subsidize a majority of their mortgage payment! *owner-occupied taxes = $5,606*