$585,000
$549,900
6.4%For more information regarding the value of a property, please contact us for a free consultation.
58 Veazie ST Providence, RI 02908
8 Beds
3 Baths
3,720 SqFt
Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,720 sqft
Price per Sqft $157
Subdivision Providence College / Wanskuck
MLS Listing ID 1356660
Sold Date 05/29/24
Bedrooms 8
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 3,720
Year Built 1930
Annual Tax Amount $4,810
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 bathrooms. The first floor unit with 2 bedrooms has been completely renovated with new flooring, paint, appliances, and an updated bath. The second and third floor units are identical, with 3 bedrooms and 1 bath each, a large dining room with galley kitchen, large living rooms, and a closed in porch. Each has updated bathrooms, hardwood floors, and bay windows. The property also has a two car garage with additional rental income possibility, replacement windows, new architectural shingle roof (GAF), each unit has a new Viessmann on demand heating and hot water system. Tenants on 2 & 3 are mo to mo with lower than average rents. Currently a 7.5-8% cap, with market rents would be higher. This is also an ideal opportunity for an owner occupant, to live free from a mortgage payment while building equity.
Location
State RI
County Providence
Community Providence College / Wanskuck
Zoning R2
Rooms
Basement Full, Interior Entry, Partially Finished
Interior
Interior Features Tub Shower
Heating Baseboard, Gas, Hot Water
Cooling 1 Unit
Flooring Ceramic Tile, Hardwood, Laminate
Fireplace No
Appliance Gas Water Heater, Oven, Range, Refrigerator
Laundry Common Area
Exterior
Parking Features Detached
Garage Spaces 2.0
Community Features Near Schools, Public Transportation, Recreation Area, Restaurant
Utilities Available Sewer Connected
Total Parking Spaces 8
Garage Yes
Building
Lot Description Paved
Foundation Brick/Mortar, Combination
Sewer Connected, Public Sewer
Water Connected, Public
Structure Type Drywall,Aluminum Siding,Brick
New Construction No
Others
Senior Community No
Tax ID 58VEAZIESTPROV
Financing Conventional
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Bought with Mott & Chace Sotheby's Intl.