SOLD
$3,600,000
Date 06/15/2023

62 John Street
Providence, RI 02906

Other
Commercial
15,097
Sq. Ft.
0.92
Acre Lot
RILiving> Rhode Island> Providence> 02906
The properties on John St consist of 5 houses on 4 separate contiguous lots. All of the multi family homes were completely renovated in 2019 and all have new windows, electrical, plumbing, kitchens, baths, flooring and much more. This unique opportunity presents a once in a lifetime opportunity for the savvy investor. All of the properties are leased out for this year and for the 2023-2024 school year so there is nothing to do but collect rent. Each of the houses has storage areas, laundry rooms with coin op laundry and a separate area for tools and maintenance. There is parking on-site for 18 cars which you don t often see on College Hill. The properties are only a short walk to Brown and Wickenden St. They have a strong rental history with Brown Students and this year with no marketing were all leased out for the following year during the month of September. The rents are strong but there is also room to go up in the future. There are 4, 3 Bedroom apartments, 5, 4 bedroom units and a 5 bedroom apartment. Don t miss out on this multi generational opportunity!

Courtesy: Lenox Realty Group

1326829
Commercial - Other
1900
Providence
0.92 Acres
Frame
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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