681 Charles St
Providence, RI 02904

  • 8 beds
  • 4 baths
  • 3,360 sqft
  • 4,792 sqft lot
  • $183 per sqft
  • 1988 build

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This exquisite, rare 4-family townhouse-style building is a true gem, generating an impressive $4800 per month in rental income. Leases are month-to-month and one unit is vacant making this a great opportunity for an owner-occupied investor or developer! Two units feature recently updated kitchens and baths. The exterior was just painted and landscaped making this a turnkey investment. Each unit boasts a living room and kitchen on the first floor, two bedrooms on the second floor, and a private full-size basement with laundry hookups perfect for additional storage or potential expansion possibilities. This property boasts easy access to I-95, Route 146, shopping centers, and all essential amenities, making it an ideal location for tenants. The included profit and loss statement with the cap rate for each year provides a comprehensive overview of the investment potential, making it an opportunity that you don't want to miss.

Rhode Island State-Wide MLS logo Listing courtesy of RIMLS / Penrose Realty

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# 1340289 —

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Sale history

Date Event Source Price % Change
11/29/23
Sold RIMLS $618,000 3.2%
10/19/23
Pending RIMLS $599,000
10/6/23
Relisted RIMLS $599,000

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Multifamily Sold on 11/29/2023

$618,000

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Listing provided by broker:

Eric Chauvin

Penrose Realty

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Rhode Island State-Wide MLS logo Listing Courtesy of: RIMLS and Penrose Realty.

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