9 Octavia Street, Providence, RI 02909

$519,900
4
BD
2
BA

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List Price
$519,900
MLS#
1419794
Status
PENDING
Type
Multifamily
City
Providence
County
Providence
Bedrooms
4
Bathrooms
2
Year Built
1928

Property Description

Build wealth while someone else helps pay your mortgage. This well-maintained two-family in Providence's desirable Mount Pleasant neighborhood is an exceptional opportunity for an owner-occupant looking to reduce monthly housing costs while building long-term equity. Move right into the beautifully renovated first-floor 2-bedroom unit featuring a stylish new kitchen with stainless steel appliances, updated bath, fresh paint and flooring, while collecting rental income from the second unit. The upper apartment offers the flexibility to function as a 2 or potential 3-bedroom layout, creating even greater income potential. Add additional revenue by renting the oversized two-car garage separately if desired. Laundry hookups, abundant basement storage, a fenced yard, private porches for each unit, and off-street parking for up to seven vehicles make this property as practical as it is profitable. Situated on a quiet dead-end street just minutes from shopping, restaurants, highways and downtown Providence, this is an outstanding opportunity for first-time buyers, house hackers and investors alike. Why pay your entire mortgage yourself when your tenant can help build your wealth? Offered at $519,900.

Additional Information

Electric
100 Amp Service, Circuit Breakers
Basement
Full, Unfinished
Cooling
Window Unit(s)
Sewer
Connected

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: The DiSpirito Team from Listing Office: Engel & Volkers Oceanside.

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