71 newark street Providence, RI 02908

Excellent income opportunity at this 12 unit building with views of downtown Providence & "The Super Man Building". Built in 1988, this property is lead free and provides plenty of other more modern features. Each unit is separately metered for gas, electric, and even private laundry hook ups! Tenants pay their own utilities! Boilers were replaces within the last 2-6 years. Six 2 bedroom units with 2 FULL BATHS, six 1 bedroom + den units. Property provides ample balcony space for each unit as well as a shared fenced-in yard. Off street parking for 12+ cars! This property's convenient location and accessibility to public transportation provides many possibilities for rental income and great tenants. Just 5 minutes to popular Federal Hill/West Side locations, downtown Providence, train station, The State House, PPlace Mall, & Waterplace Park! 6-10 minutes to area universities including Johnson & Wales, Providence College, RI College, RISD, Brown University, and the Alpert Medical School. 4-10 minutes to all area medical centers & Hospitals including the VA, RI Hospital, Women & Infants, and Hasbro Children's. Easy access to Rt 10 & 95. Plenty of room for rent roll improvement! Low maintenance property!


Property Details

MLS#
1194824
Type
Commercial
County
Providence
Neighborhood
Valley/Mt Pleasant
Year Built
1988
Lot Size
17,398 Sq Ft
Taxes
$26,398
Tax Year
2018

Additional Details


Exterior

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Providence

Providence, largely composed of the Downcity area, is a stone’s throw away from the East side, with the calming Providence River as the border between the two. Known as “The Renaissance City” in the 90s, Providence began to thrive anew in the past decades, and has not stopped since.


School Information

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LISTED BY: RENTPROV REALTY

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