53 Alger Avenue
Property Description
Excellent investment opportunity in Providence! This well-maintained, fully occupied 3-family property offers immediate rental income with tenants already in place. Each unit features spacious layouts, providing comfortable living and strong rental appeal. Off-street parking adds convenience for tenants, making this an ideal addition to any investment portfolio. Located in the convenient South Providence neighborhood, the property is close to shopping, dining, grocery stores, and everyday amenities. Just minutes to Downtown Providence, Federal Hill, and major employers. Conveniently located near Rhode Island Hospital, Hasbro Children's Hospital, Brown University, Johnson & Wales University, and Rhode Island School of Design. Easy access to I-95, Route 10, and I-195 provides seamless commuting throughout Rhode Island and into Massachusetts. Nearby Roger Williams Park, RIPTA transit, schools, and T.F. Green Airport complete this exceptional investment opportunity.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $710,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Lot Size: | 4,167.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $236,667 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 3 |
ID: 3yd-SWMLSRI-1417202
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