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101 River Avenue

Providence RI 02908

5
3
5
2683 sq. ft.
3920 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Exceptional investment opportunity in Providence! This well-maintained three-family property offers immediate rental income with all units tenant occupied, making it an ideal addition to any investment portfolio. The building features three spacious units. Off-street parking adds convenience and enhances rental appeal. Home was fully insulated recently in 2018, has new windows (installed 2021), roof fairly new (front half in 2016, back half in 2023). Located in the highly sought-after Elmhurst neighborhood, this property is just minutes from Providence College and Rhode Island College. Enjoy easy access to Downtown Providence, renowned restaurants, shopping, entertainment, and major employment centers. Close to neighborhood favorites including La Salle Bakery, local caf s, grocery stores, and everyday conveniences. Conveniently located near Route 6, Route 146, Interstate 95, and Interstate 295. Minutes from Providence Place Mall, Wanskuck Park, public transportation, healthcare, and schools, making this an outstanding investment in a prime Providence location.

Features

5 bedrooms
3 bathrooms
5 carspaces
2683 sq. ft. floor area
3920 sq. ft. lot size
Multi-Family

Happy sellers in Providence

100%
100% of sellers in Providence reported that their sale price either exceeded or met their price expectations.

Providence stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Providence over the last 12 months.

Local market activity for 5 bedroom multi families in Providence

In the last 12 months, 22 five-bedroom multi families similar to 101 River Avenue, have been sold.

This represents a 42% decrease in five-bedroom multi families sales when compared to the previous 12 months.

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