Contingent
$875,000

412 Hope Street
Providence, RI 02906

Multi-Family
Residential Income
5
Beds
5
Baths
+
1 Half
2,013
Sq. Ft.
0.0654
Acre Lot
RILiving> Rhode Island> Providence> 02906
This multifamily features two units: Unit 1 is a 2-bed, 2-bath apartment, and Unit 2 is a 3-bed, 3.5-bath townhouse. The house was gutted to the studs and fully renovated with new electric and plumbing, with 3 heating zones (one for each floor). Both units have been recently given a fresh coat of paint throughout and have beautiful kitchens with stainless steel appliances and granite countertops, central air, marble tiles, hardwood floors, and in-unit washer/dryer. The units come vacant, with projected market rents of $2650 for Unit 1 and $3500 for Unit 2, giving a projected cap rate of 6.33%. This is a perfect opportunity for owner-occupied with rental income. The property is located near Brown University, RISD, and various local restaurants and shopping centers.

Courtesy: William Raveis Inspire

1362371
Residential Income - Multi-Family, Other
5
5 Full/1 Half
1910
Providence
0.0654 Acres
Public Water
Public Sewer
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