211 Carpenter Street Providence

$1,025,000
6 4 3,700 sq ft

The Property

Set in the heart of sought-after Luongo Square on Providence’s eclectic West Side, 211 Carpenter is a legal three-family, each unit with 2 beds and 1 bath, with the added bonus of a gorgeous studio ADU recently converted from the existing two-car garage. Purchase as a cash-flowing property or purchase to owner occupy the updated third floor, which can be delivered vacant at closing. The layouts of the first two floors are identical: 1220 sqft of living space, with large living rooms, dining rooms, and spacious kitchens. Each unit has two fireplaces with marble mantelpieces: the kind of detail tenants look for when renting in this neighborhood.

Due to long-term tenancies on these two floors, the rents are under-market at $1900 (could easily be $2200, or more with some minor cosmetic updates). Updated systems, vinyl siding, newer windows, and a young roof. This is a perfect West Side location within close proximity to many restaurants, coffee shops, and bars, plus easy access to downtown and I-95.

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Listing Details

MLS Number

1424418

Lot Size:

0.09 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Laundry, Storage Space, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Recreational Facilities
  • Restaurants
  • Schools
  • Patio
  • Porch
  • Fireplace: Marble
  • Heating: Electric, Natural Gas, Baseboard
  • Heating Fuel: Electric, Natural Gas, Baseboard
  • Laundry
  • Fenced
  • Paved Driveway
  • Year Built: 1900

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

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