8 Cole Avenue
Property Description
Set on a stately corner lot in one of Providence's most desirable East Side locations, this distinctive 9-unit offering spans two separate buildings and presents a rare opportunity to acquire a sizable multifamily property just minutes from Wayland Square. The larger brick building along Irving Street is comprised of six 2-bedroom, 1-bath residences, each with its own private outdoor space. The units feature hardwood floors, newer appliances and a strong history of tenant occupancy, offering comfortable layouts with the character expected of an established East Side property. The second building includes three additional 2-bedroom, 1-bath residences, with the second-floor unit enjoying its own private balcony. Both buildings offer coin-operated laundry for tenant use, while ample off-street parking adds tenant convenience rarely found with a property of this scale in the neighborhood. Positioned within easy reach of Wayland Square, Blackstone Boulevard, Hope Village, local restaurants, shops, parks and all that the East Side has to offer, the property combines a sought-after residential setting with substantial income-producing potential. A unique opportunity for an investor looking to establish or expand their presence in one of Providence's most consistently desirable rental markets.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,750,000 |
| No. of Units: | 2 |
| Year Built: | 1910 |
| Lot Size: | 8,738.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $1,375,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 18 |
| Number of Bathrooms: | 9 |
ID: 3yd-SWMLSRI-1422569
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