$500,000
$469,900
6.4%For more information regarding the value of a property, please contact us for a free consultation.
93 Ortoleva DR Providence, RI 02909
4 Beds
2 Baths
2,898 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,898 sqft
Price per Sqft $172
MLS Listing ID 1342428
Sold Date 10/16/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,898
Year Built 1940
Annual Tax Amount $4,952
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Welcome to this well-maintained 2-unit home in Providence, RI! Each Updated unit offers 2 bedrooms and 1 bathroom. The first floor is a well established and active fully furnished Mid term rental, currently rented to travel nurses at $2800/month. Centrally located, this property has great potential for profitable mid-term rentals. The seller is happy to provide guidance on maximizing your profit. Both units have been updated in the last 7 years, enhancing their appeal and value. Separate utilities and updated heating systems add convenience. Plus, there's a charming backyard with a patio. There is a potential opportunity to continue finishing off the basement and possibly create a 3rd unit. Live in one unit and have the other potentially pay most of your mortgage, will pass FHA, VA, RIH. Will be vacant, or can come with the first floor rented to have income from day one!
Location
State RI
County Providence
Rooms
Basement Full, Interior Entry, Partially Finished
Interior
Interior Features Bathtub
Heating Baseboard, Gas
Cooling Window Unit(s)
Flooring Hardwood, Vinyl
Fireplace No
Appliance Gas Water Heater, Oven, Range, Refrigerator
Laundry Common Area
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 2
Garage No
Building
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Plaster,Wood Siding,Clapboard
New Construction No
Others
Senior Community No
Tax ID 93ORTOLEVADRPROV
Financing FHA,VA
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