Description
Location, location, location! This multifamily property is located in the Elmhurst neighborhood of Providence, RI. It consists of two units, making it ideal for long-term tenants or seasonal rentals. This presents a fantastic opportunity for both investors and owner-occupants seeking rental income potential. Each unit features three bedrooms and one full bathroom. Additionally, there is potential for expansion in the walkout basement, as well as a two-car garage. The second floor has been freshly painted and boasts new granite countertops, a dishwasher, and a remodeled bathroom, while the first floor is well-maintained by the existing tenants. The property is conveniently located near local amenities and schools, including Providence College, Rhode Island College (RIC), and LaSalle Academy. Public transportation is just minutes away at the RIPTA bus stop on Smith Street, as well as major highways. The property is also close to all major hospitals, including the VA, downtown, state offices, the train station, and the city’s shopping, dining, and entertainment options. This is a unique opportunity to invest in one of Providence’s most desirable neighborhoods, offering character, cash flow, and convenience all in one.
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