$1,750,000
$1,769,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
23 Penn ST Providence, RI 02909
0.26 Acres Lot
Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Federal Hill
MLS Listing ID 1326401
Sold Date 04/28/23
Maintenance Fees $9,510
HOA Y/N No
Year Built 1922
Annual Tax Amount $33,369
Tax Year 2022
Lot Size 0.260 Acres
Acres 0.26
Property Description
Wonderful opportunity to own this money maker property, conveniently located in desirable Federal Hill, between Broadway and Atwells Avenue in Providence. There are 3 properties here to be sell as a package: 17 Penn street (vacant lot, fully rented as parking spaces)19 Penn street (3 units, with 3 bedrooms each) and 23 Penn (6 units with 4 bedrooms each). Units are in good condition and totally rented below market. Good potential to get higher rent in this area. Income from rent is $192,720 a year. Easy access to highway, downtown Providence, plenty of parking spaces and more.
Location
State RI
County Providence
Community Federal Hill
Rooms
Basement Full
Interior
Heating Baseboard
Cooling None
Laundry Common Area
Exterior
Community Features Highway Access, Near Hospital, Near Schools
Utilities Available Natural Gas Connected
Street Surface Asphalt
Total Parking Spaces 20
Building
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 23PENNSTPROV
Financing Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 State-Wide Multiple Listing Service. All rights reserved.
Bought with Mott & Chace Sotheby's Intl.