Home :. Providence, Rhode Island - Multi-family Property for Sale

62 72 John St

Providence, Rhode Island 02906

0.5 Beds · 25000 Lot SQFT · Multi-family
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$4,150,000

Property Cost

Building Size

25000

Lot SQFT

10

# Units


Presented to you by:
Gabriel Francis

401-572-3322

  Contact

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!

Property Details

Type: Apartment

Style: Up-down

Year Built: 1900

Bedrooms: 0.5

Taxes: $45000

Assessment: $3000000

Lot Size: 25000 SQFT

Neighborhood: College Hill

County: Providence

Additional Details

Heating & Cooling

 

Garage & Parking

 

 

 

Interior Details

Number of Rooms: 28

Above Grade Living Space: 15000

Finished Floor:

Number of Levels: 1900

 

Multi-Family Unit Information
Unit # Beds Full Baths Half Baths Square Footage Monthly Rent Lease
Included Appliances

The Neighborhood for 62 72 John St

All square footage measurements are approximate and should be independently verified and confirmed. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any such measurement and Lenox Realty Group disclaims any liability in connection with any such measurements or any other incorrect information with regards to this listing.



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