$1,525,000
$1,650,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
173 Prospect ST Providence, RI 02906
15 Beds
7 Baths
4,439 SqFt
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,439 sqft
Price per Sqft $343
MLS Listing ID 1360296
Sold Date 10/02/24
Bedrooms 15
Full Baths 7
HOA Y/N No
Abv Grd Liv Area 4,439
Year Built 1900
Annual Tax Amount $19,478
Tax Year 2024
Lot Size 5,187 Sqft
Acres 0.1191
Property Description
**The property is being sold in a package with 71 Olney St, MLS#1360300. Both properties must be purchased together, total price $3,300,000**
173 Prospect Street and 71 Olney Street present a unique turn-key investment opportunity with 30 Bedrooms and 14 bathrooms, primarily rented to graduate students from Brown University, RISD, and JWU. Both properties have been renovated with new electrical service and wiring, plumbing, HVAC, hardwired sprinkler system and alarm system, new kitchens, appliances, and bathrooms. 8 parking spaces. These units are fully furnished and rented by the bedroom, each individual lease is co-signed. This is a great addition to any portfolio. Conveniently located near the Universities, Whole Foods, and highway.
Location
State RI
County Providence
Zoning R-3
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Air
Flooring Hardwood
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Sewer Connected
Total Parking Spaces 4
Garage No
Building
Foundation Concrete Perimeter, Stone
Sewer Connected, Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Others
Senior Community No
Tax ID 173PROSPECTSTPROV
Financing Conventional
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Bought with William Raveis Inspire