181 Pleasant Street,Providence, RI 02906
Providence, RI 02906
Description
Discover this prime investment opportunity with this 3 family home located on Providence’s East Side. This property boasts a robust rental history and offers great potential for increased returns. The first and second floor units feature 2 bedrooms each, a full bath, kitchen and double parlors, providing ample living space for tenants.The second floor unit has been tastefully updated with a renovated kitchen and new windows. The third floor unit also features 2 bedrooms with plenty of room and natural light. Current rental rates are below market value, presenting an exciting opportunity for investors to increase income. With a vacant second floor unit and the third floor that will be vacant May 31, there is flexibility for rental adjustments. The first floor lease expires on August 31, 2025. Additional updates include a newly shingled roof in 2023, and 3 year old boilers for all units. The vinyl siding ensures low maintenance costs for years to come. Situated on a large lot with a two car garage, there is plenty of room for parking and outdoor enjoyment. Steps to the shops and restaurants of Hope Village, Whole Foods, Brown University, RISD and downtown Providence.
Details
| MLS # | 1384253 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1930 |
| Days On Site | 49 |
| Listing Provided By | Compass / Lila Delman Compass | Lisa Ardente |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,436 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | R2 |
| Acreage | 0.14 |
Interior
| Rooms Total | 14 |
|---|---|
| Cooling Yes / No | No |
| Cooling | None |
| Heating Yes / No | Yes |
| Heating | Natural Gas, Steam |
| Interior Features | Plumbing (Mixed) |
| Appliances | Gas Water Heater |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Detached |
Taxes
| Property | 10408 |
|---|
Market Activity 02906
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Learn More About This Property
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02906 |
| Area | Providence |
| Listing VS Median (in 02906) | |
Price: $875,000 low | high Med: $699,000 SqFt: 2,436 low | high Med: 1,674 $ / SqFt: $359 low | high Med: $418 On site: 49 low | high Med: 40.000000 | |
