241 Pleasant Street Providence

$895,000
8 3.5 4,662 sq ft

The Property

Rare opportunities like this don’t come along often. Welcome to 241 Pleasant Street, a beautifully updated East Side two family offering exceptional flexibility for buyers seeking both a home and an investment.

Extensively updated with new plumbing, electrical, siding, and full lead compliance, this property features a well maintained first floor apartment and an expansive townhouse style second unit spanning two levels. With six bedrooms, two full bathrooms, and in unit laundry, the townhouse lives like a single family home.

Whether you’re searching for a spacious place to call home with rental income to help offset your mortgage or an investment with strong income potential, this property offers the best of both worlds. With a projected cap rate in excess of 7%, the numbers are as compelling as the lifestyle.

Just moments from Hope Village, the Hope Street Farmers Market, neighborhood cafés, restaurants, and local shops, you’ll enjoy one of Providence’s most walkable and sought after neighborhoods. These large multifamilies with major completed improvements are hard to find. An outstanding opportunity to live, invest, or both.

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Listing Details

MLS Number

1417440

Lot Size:

0.07 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Oil, Steam
  • Heating Fuel: Oil, Steam
  • Laundry
  • Year Built: 1930

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Listed by Compass
Email:
Phone: 401-274-1644

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