0.08 Acres in Providence, RI - $699,990
Outstanding investment opportunity in a high-demand rental market. This fully occupied 3-family property features three spacious units: a beautifully renovated second-floor unit offering 3 bedrooms and 1 bathroom, a well-maintained 3 bed/1 bath unit on the first floor, and a generously sized 4 bed/1 bath unit on the third floor ideal for strong rental income or owner-occupancy. What sets this property apart is its R-4 zoning designation, allowing for very high-density residential development (up to 20 units per acre). This opens the door for potential unit reconfiguration, future expansion, or mixed-use residential development, subject to local approval. Floor plans and conceptual designs for possible unit conversions are available upon request. Additional features include exterior security camera coverage and proximity to local amenities, public transportation, and major commuter routes...
Outstanding investment opportunity in a high-demand rental market. This fully occupied 3-family property features three spacious units: a beautifully renovated second-floor unit offering 3 bedrooms and 1 bathroom, a well-maintained 3 bed/1 bath unit on the first floor, and a generously sized 4 bed/1 bath unit on the third floor ideal for strong rental income or owner-occupancy. What sets this property apart is its R-4 zoning designation, allowing for very high-density residential development (up to 20 units per acre). This opens the door for potential unit reconfiguration, future expansion, or mixed-use residential development, subject to local approval. Floor plans and conceptual designs for possible unit conversions are available upon request. Additional features include exterior security camera coverage and proximity to local amenities, public transportation, and major commuter routes. This is a rare opportunity to secure a cash-flowing asset with value-add potential. Showings by appointment reach out today to learn more.
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