Providence, Rhode Island, United States 1 - 17652106
Providence, Rhode Island, United States 2 - 17652106 Providence, Rhode Island, United States 3 - 17652106
Providence, Rhode Island, United States 4 - 17652106 Providence, Rhode Island, United States 5 - 17652106
$1,500,000
Price decreased by $99,999 on Aug 06, 2026

Multi Family In Providence

  • 11 Beds
  • 8 Baths
  • 5,535 Sqft
  • 2,523 Sqft lot
  • Updated: August 6
  • Source:
    StateWide MLS  MLS#1409780

About the Property

Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place
Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2 dramatically boosting early returns and investor ROI. Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial advantages and long-term appreciation potential.
…

  • Property type

    Other

  • Year built

    2024

  • Price/sqft

    $271

Features

  • New Builds
  • Investment Property

Explore the Area

241 Pocasset Avenue, Providence, Rhode Island, United States View on Google Maps
Price per sqft
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Innovations Realty - Providence

Joined 8 months ago
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Innovations Realty - Providence
Rhode Island, United States
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20
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2025
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Innovations Realty - Providence
Providence, Rhode Island, United States
View agency profile
Last updated
August 6
First listed
Apr 11
Listing reference
1409780
Listing status

The data relating to real estate for sale on this website comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by Continental Real Estate Group, Inc are marked with the MLS logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site other than by a consumer seeking to purchase real estate is prohibited. Information deemed reliable but not guaranteed. Copyright © 2026 State-Wide MLS, Inc. All Rights Reserved.

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