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888 Branch Avenue

Providence, RI 02904
  • $649,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 1311259
Price Reduced
UPDATED: 225 min ago
$649,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Well maintained DOUBLE LOT legal 5-unit in EXCEPTIONAL CONDITION! FIVE FULLY RENOVATED SUITES. That's right each 2 bed 1 bath unit has been kept fresh and up to date, redone from top to bottom, what's more the purchaser will enjoy an oversized lux 3 bed 2 bath "owners unit" on the top floor! This free standing professionally managed property is COMPLETE with a NEW ROOF (installed in 2020) vinyl siding and 10+ car parking (See attachments section for aerial lot detail). PLENTY OF UPSIDE potential here as well. Market rent for 2/1 in the area are around $1,395. Utilize the extra lot for parking, gardening, garage space or possible development? Full unfinished basement has potential for Value-add ons as well, storage and/or coin op machines for the laundry (already setup for gas/electric washers and dryers). Call today for your showing!

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© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. 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. Data last updated: 2022-06-28T23:37:41.72.
www.martonegroup.com/homes/129188254
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888 Branch Avenue Providence, RI 02904

  • Price: $649,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 225 min ago
  • MLS #: 1311259
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1930
Built
Neighborhood:
Wanskuck, Wanskuck Park
County:
Providence
Area:
Providence
Property Description
Well maintained DOUBLE LOT legal 5-unit in EXCEPTIONAL CONDITION! FIVE FULLY RENOVATED SUITES. That's right each 2 bed 1 bath unit has been kept fresh and up to date, redone from top to bottom, what's more the purchaser will enjoy an oversized lux 3 bed 2 bath "owners unit" on the top floor! This free standing professionally managed property is COMPLETE with a NEW ROOF (installed in 2020) vinyl siding and 10+ car parking (See attachments section for aerial lot detail). PLENTY OF UPSIDE potential here as well. Market rent for 2/1 in the area are around $1,395. Utilize the extra lot for parking, gardening, garage space or possible development? Full unfinished basement has potential for Value-add ons as well, storage and/or coin op machines for the laundry (already setup for gas/electric washers and dryers). Call today for your showing!
Exterior Features

Foundation Details CombinationConcrete PerimeterStone Frontage Length 30 Levels Three Or More Lot Features Wooded Parking Total 10

Interior Features

Basement Full Basement YN Yes Cooling None

Property Features

Association Amenities MaintenancePlaygroundRestaurantRecreation Room Community Features ClubhouseHighway AccessMaintenance On-SiteNear HospitalNear SchoolsPlaygroundPublic TransportationRestaurantShoppingHigh Traffic LocationStreet LightsSidewalks Electric 100 Amp Service Gross Income 80220 Land Lease YN No Owner Pays Common Area MaintenanceExterior MaintenanceGrounds CareHot WaterInsuranceManagementOther TaxRepairsRoof MaintenanceSnow RemovalSewerTaxesTrash CollectionWater Possible Use CommercialInvestmentMulti-FamilyResidential Property Sub Type Commercial Road Frontage Type City Street Road Surface Type AsphaltPaved Sewer ConnectedPublic SewerStorm Sewer Structure Type ApartmentMulti Family Tax Annual Amount 7009 Tax Assessed Value 191000 Tax Lot 35 Tax Year 2021 Tenant Pays Cable TvElectricityGasHeat Utilities Electricity AvailableNatural Gas AvailableNatural Gas ConnectedMunicipal UtilitiesPhone AvailableSewer ConnectedWater Connected Water Source ConnectedPublic Zoning R3

Listing information © 2022 State-Wide Multiple Listing Service.
Listing provided courtesy of Century 21 North East Group.





© 2022 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Martone Group | RE/MAX Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Martone Group | RE/MAX Properties. 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. Data last updated: 2022-06-28T23:37:41.72.
 
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