995 Atwells Avenue Providence

$970,000
3,999 sq ft

The Property

Don’t miss out on this 6 unit multifamily investment property. Each unit offers a spacious layout with a mix of 2 and 3 bedrooms & opportunity for additional bedrooms. This is conveniently located near downtown Providence, the providing easy access to local shops, restaurants, public transportation, and many everyday amenities. Fully occupied with existing tenants.

All units have separate utilities that are paid by tenants. The property has some units with recent updates including flooring, kitchens, baths and fresh paint. These are leased at market value, while other units offer potential opportunities for rental increases with reasonable updates. Total rents are $11,847, Offering any buyer a great income from day one. Whether you’re an experienced investor looking to expand your portfolio or seeking a multifamily property with potential to improve cash flow, this six-unit investment deserves your attention. Subject to a 1031 Exchange.

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Listing Details

MLS Number

1426374

Lot Size:

0.09 acres

Features

  • Basement: Full
  • Bus
  • Golf
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Heating: Baseboard
  • Heating Fuel: Baseboard
  • Urban
  • Year Built: 1900

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Market Trends for Commercial/Business,Commercial Sale
in Providence

  • Overview
    Homes for Sale Today59-26.3% decrease in inventory
    New on Market *10-28.6% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$258.68$17 increase in List Price/Sq.Ft.
    Avg. Sale Price *$755,250$82,250 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *92.41%-1.5% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$250.89$14 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *5726 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Side By Side Realty LLC
Phone: 774-955-7749

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