42 Fremont Street Providence

$1,495,000
8 5 2,995 sq ft

The Property

Turnkey 4-unit investment property in Fox Point. The property consists of a three unit building and a separate, brand new, 2 Bed/2Bath accessory dwelling unit, with plenty of parking. In the main building, each spacious apartment is 2 Bed/1Bath with hardwood floors, separately metered utilities, and shared laundry in the building. Vinyl siding and replacement windows ensure a low maintenance exterior.

42 Fremont’s exceptional location and rental demand, close to great restaurants and coffee shops, attracts both student and professional tenants alike. Additionally, an owner-occupant could live in the new accessory dwelling unit and collect rent from three apartments. With strong income and a standout location, this property is a great addition to any portfolio.

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Listing Details

MLS Number

1405261

Lot Size:

0.15 acres

Features

  • Basement: Full, Interior Only, Unfinished
  • Heating: Natural Gas, Baseboard, Forced Water
  • Heating Fuel: Natural Gas, Baseboard, Forced Water
  • Year Built: 1930

Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today221-93.5% decrease in inventory
    New on Market *106-16.5% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$299.21$22 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$540,577$60,566 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *98.45%1.2% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$323.44$24 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *833 increase 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?

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

Listed by William Raveis Inspire

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