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Property Description

Fantastic three-family investment opportunity in Providence's East Side, steps from Hope Street, Brown University, RISD, and the Observatory. This fire-code-compliant, well-maintained property offers zero vacancy history and strong rental potential with below-market rents an opportunity for immediate upside. Two spacious 2-bedroom, 1-bath units featuring double parlors, decorative fireplaces, and plenty of living space. Top-floor 1-bedroom unit is light-filled and expansive, offering a unique and desirable layout. Low-maintenance vinyl siding, coin-op laundry in basement, and recently serviced boilers. Walk-out basement, dry year-round, just cleaned out and ready for new possibilities. Large backyard with potential for additional parking or a shared patio. With tenants on month-to-month leases, this is a prime opportunity to increase rental income in a highly sought-after location. Turnkey investment with room for value-add improvements.

Overview

Property Status
Sold
Lot Size
4,792 Sq.Ft.
MLS ID
1379004
Property Type
Other
Year Built
1902

Features & Amenities

Stories
3
Garage Spaces
0
Water Source
Connected, Public
Parking
No Garage
Heat Type
Gas
Air Conditioning
None
Other Interior Features
Attic, Tub Shower
Sewer
Connected, Public Sewer
Other Exterior Features
Porch, Paved Driveway
Sales Price
$900,000
HOA
/mo
Zoning
R2

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14 Phillips Street

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    License #REB0018893 - RI | #1000605 - MA

    (401) 447-8210
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