Providence, RI 02906,71 Olney ST
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Providence, RI 02906,71 Olney ST
Providence, RI 02906,71 Olney ST
Providence, RI 02906,71 Olney ST
Providence, RI 02906,71 Olney ST

$1,525,000

Est. payment /mo

$1,650,000

7.6%
Est.Price: ?

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71 Olney ST Providence, RI 02906

15 Beds

7 Baths

4,671 SqFt

SOLD DATE : 10/02/2024

Key Details

Sold Price $1,525,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,671 sqft

Price per Sqft $326

MLS Listing ID 1360300

Sold Date 10/02/24

Bedrooms 15

Full Baths 7

HOA Y/N No

Abv Grd Liv Area 4,671

Year Built 1920

Annual Tax Amount $18,419

Tax Year 2024

Lot Size 2,805 Sqft

Acres 0.0644

Property Description

**The property is being sold in a package with 173 Prospect St, MLS#1360296. 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

Total Parking Spaces 4

Garage No

Building

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Wood Siding

New Construction No

Others

Senior Community No

Tax ID 71OLNEYSTPROV

Financing Conventional

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Listed by William Raveis Inspire
Bought with William Raveis Inspire

Jeremy Bailey

Broker | License ID: RI, MA, CT

+1(401) 402-0289

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