61 Douglas Avenue
Property Description
Fully leased and income-producing 3-family in Providence offering immediate cash flow for investors or an excellent future owner-occupant opportunity. All three units are currently rented, generating strong rental income from day one. The property features spacious layouts, abundant natural light, a full unfinished basement with washer and dryer providing excellent storage, and separately functioning residential units. Conveniently located along Douglas Avenue with quick access to Downtown Providence, Providence College, Rhode Island College, Route 146, I-95, I-295, shopping, restaurants, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a strong opportunity in a high-demand rental market.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $550,000 |
| No. of Units: | 3 |
| Year Built: | 1930 |
| Lot Size: | 3,552.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $183,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-SWMLSRI-1421978
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