$2,599,999

Multi Family In Providence

  • 12 Beds
  • 4 Baths
  • 13,216 Sqft
  • 5,663 Sqft lot
  • Updated: Today
  • Source:
    StateWide MLS  MLS#1427053

About the Property

RARE FIND!
Cash Flow Positive with 9% Cap Rate
16 Residential Units
Fully registered with Lead Certificates in place.
Gross annual rent of $329,000 with NOI of $235,000.
Renovated inside and out in 2024. New gas lines, electric upgrades, new hot water heaters and many
cosmetic updates.
Unit Mix - Five 3 bed / 1 bath. Three 2 bed / 1 bath. Five 1 bed / 1 bath. Three Studio / 1 bath.

Seller is licensed RE agent.
  • Property type

    Other

  • Floors

    3

  • Year built

    1930

  • Price/sqft

    $196

Features

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461 Elmwood Avenue 465, Providence, Rhode Island, United States View on Google Maps
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The Greene Realty Group - Worcester

Joined 10 months ago
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The Greene Realty Group - Worcester
Massachusetts, United States
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4
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2025
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The Greene Realty Group - Worcester
Worcester, Massachusetts, United States
View agency profile
Last updated
Today
First listed
October 28
Listing reference
1427053
Listing status
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