58 Veazie St
Providence, RI 02908
- 8 beds
- 3 baths
- 3,100 sqft
- 3,485 sqft lot
- $177 per sqft
- 1930 build
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.
Listing courtesy of RIMLS / Mott & Chace Sotheby's Intl.
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Last updated Apr 25, 2024
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MLS# 1356660 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/25/24
Apr 25, 2024
|
Sold Subject To Contingencies | RIMLS | $549,900 | |
4/18/24
Apr 18, 2024
|
Listed / Active | RIMLS | $549,900 | 274.1% (37.0% / YR) |
11/18/16
Nov 18, 2016
|
RIMLS | $147,000 | 17.7% (16.2% / YR) |