995 Atwells Avenue, Providence, RI 02909

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List Price
$970,000
MLS#
1426374
Status
ACTIVE
Type
Commercial
City
Providence
County
Providence
Year Built
1900

Property Description

Don't miss out on this 6 unit multifamily investment property. Each unit offers a spacious layout with a mix of 2 and 3 bedrooms & opportunity for additional bedrooms. This is conveniently located near downtown Providence, the providing easy access to local shops, restaurants, public transportation, and many everyday amenities. Fully occupied with existing tenants. All units have separate utilities that are paid by tenants. The property has some units with recent updates including flooring, kitchens, baths and fresh paint. These are leased at market value, while other units offer potential opportunities for rental increases with reasonable updates. Total rents are $11,847, Offering any buyer a great income from day one. Whether you're an experienced investor looking to expand your portfolio or seeking a multifamily property with potential to improve cash flow, this six-unit investment deserves your attention. Subject to a 1031 Exchange.

Additional Information

Cooling
None
Basement
Full

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Colette Gnacadja from Listing Office: Realty ONE Group SIDE BY SIDE.

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