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9 Octavia Street

Providence RI 02909

4
2
8
1728 sq. ft.
4792 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Build wealth while someone else helps pay your mortgage. This well-maintained two-family in Providence's desirable Mount Pleasant neighborhood is an exceptional opportunity for an owner-occupant looking to reduce monthly housing costs while building long-term equity. Move right into the beautifully renovated first-floor 2-bedroom unit featuring a stylish new kitchen with stainless steel appliances, updated bath, fresh paint and flooring, while collecting rental income from the second unit. The upper apartment offers the flexibility to function as a 2 or potential 3-bedroom layout, creating even greater income potential. Add additional revenue by renting the oversized two-car garage separately if desired. Laundry hookups, abundant basement storage, a fenced yard, private porches for each unit, and off-street parking for up to seven vehicles make this property as practical as it is profitable. Situated on a quiet dead-end street just minutes from shopping, restaurants, highways and downtown Providence, this is an outstanding opportunity for first-time buyers, house hackers and investors alike. Why pay your entire mortgage yourself when your tenant can help build your wealth? Offered at $519,900.

Features

4 bedrooms
2 bathrooms
8 carspaces
2 garage spaces
1728 sq. ft. floor area
4792 sq. ft. lot size
Multi-Family

Property history for 9 Octavia Street

2024
Sold
$440,000
08 Mar 2024 by Awilda Figueroa, of Realty One Group Executives
2021
Sold
$315,000
17 Nov 2021 by Souky Litthisack, of C & L Agency, Inc.

Happy sellers in Providence

94%
94% 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 4 bedroom multi families in Providence

In the last 12 months, 26 four-bedroom multi families similar to 9 Octavia Street, have been sold.

This represents a 24% increase in four-bedroom multi families sales when compared to the previous 12 months.

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