$1,999,999

House for sale Providence
Property photo number 1 of 6 Photos for Property. File  104300131_29_8d871e996bc726aa01b1fde0097125a1.jpeg

Overview

SUMMARY: Discover an opportunity with this Providence house for sale and available for $1,999,999. This could be your next ideal home or a smart investment. More details await.
Opportunity to acquire a multi-parcel assemblage offering strong in-place income with substantial development upside. Individually stable and collectively powerful, this portfolio presents both immediate cash flow and long-term density potential.Highlights:278 Point Street:
3-family, fully rented, ~$5,600/month income; right to add 3 additional units by right (no variances) 3,088 SFLand 7,522 SF15-17 Emmett Street: 3-family, fully rented, ~$4,200/month income; right to add 1 additional unit by right3,007.5 SFLand 4,190 SFBeacon Street: Development potential for 1-2 additional unitsStrong existing cash flow while pursuing expansionAssemblage potential to support a redevelopment exceeding 28+ residential units (subject to planning and zoning review)Ideal for investors or developers seeking stabilized income with significant future build-out opportunity.

Details

  • Beds: 15
  • Baths: 6
  • Price: $1,999,999
  • Area: 3,008 sqft

Location

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