83 Terrace Avenue, Providence, RI 02909
- $649,000
- 5
- BD
- 3
- BA
- List Price
- $649,000
- Status
- ACTIVE
- MLS#
- 1421951
- Year Built
- 1900
- Style
- Stacked
- Bedrooms
- 5
- Bathrooms
- 3
- Acres
- 0.07
- Subdivision
- Silver Lake
Property Description
Silver Lake 3-Family Investor or Owner-Occupant Opportunity. Three units in one of Providence's steadiest rental pockets. The setup is a 1-bedroom first-floor unit plus two 2-bedroom apartments on the second and third floors, with an attached 2-car garage and off-street parking. Live in one and let the other two carry you, or drop it straight into your portfolio. Projected $72,000 in annual rental income once all units are rented at market rate. All tenants are currently month-to-month. Strong in-place and market rents, Section 8 friendly, and a location that stays rented. Whether you're house-hacking your first multi or adding to a growing portfolio, this is a turnkey three-unit in a neighborhood that holds its demand. Schedule your showing today.
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Additional Information
- Taxes
- $4,014
- Lot Size
- 2,964
- Interior Features
- Tub Shower
- Flooring
- Hardwood, Laminate, Other
- Heating
- Baseboard, Gas
- Cooling System Type
- Wall Unit(s)
- Sewer
- Connected, Public Sewer
- Water Source
- Connected, Public
- Appliances
- Gas Water Heater, Water Heater
- Basement
- None
- Exterior Features
- Porch, Patio
- Garage Spaces
- 2
- Parking Spaces
- 2
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Listing courtesy of Smith and Oak Real Estate Co.. Contact:
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