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61 Douglas Ave

Providence RI 02908

5
3
2
3552 sq. ft.
3049 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
3 bathrooms
2 carspaces
3552 sq. ft. floor area
3049 sq. ft. lot size
Multi-Family

Property history for 61 Douglas Ave

2020
Sold
$280,000
13 Mar 2020 by Kyle Seyboth, of Keller Williams Realty Leading
2019
Sold
$146,740
30 Jul 2019

Happy sellers in Providence

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We have insufficient information to provide an overview of customer satisfaction for Providence. Viewing the agent profiles, reviews and sales for Providence can provide insights for this location.

Local market activity for 5 bedroom multi families in Providence

In the last 12 months, 21 five-bedroom multi families similar to 61 Douglas Ave, 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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