7 Barrett Avenue

Providence RI 02904

5432 sq. ft.

10019 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Great investment opportunity with tons of income potential! This legal three-family is enormous, offering nearly 4,000 sq ft of living space above grade, PLUS a bonus finished walk-out basement with plenty of additional storage and potential space for a coin-op laundry to generate even more income. The detached three-car garage offers another opportunity for additional rental income. Rents are WELL below market. The spacious 1st and 2nd floor units each offer approximately 1,500 sq ft with three bedrooms, beautiful pillared double parlors, a sitting room, huge kitchen and full bath. Soaring ceilings, gorgeous hardwood floors and original wood detailing give these units incredible character while making them feel even larger. The 3rd floor unit offers approximately 850 sq ft with two bedrooms, a large living room, kitchen and full bath. All three units feature granite countertops, hardwood flooring and beautiful black-and-white tiled baths. Outside, enjoy a private yard with a small fenced-in area, plus the detached three-car garage. Additional features include Harvey replacement windows and an architectural-shingle roof. Conveniently located just off Mineral Spring Ave, close to restaurants, shopping and everyday amenities, with easy access to Providence and Massachusetts. Whether you're looking to add to your investment portfolio or explore an owner-occupied opportunity, this property offers space, character and multiple possibilities for additional income.