104 Sheldon Street Providence

The Property

This newly (2021) renovated two-unit building is located in the sought-after Fox Point neighborhood on the East Side of Providence. The lower unit has 3 bedrooms and 1 full bathroom, while the upper unit has 6 bedrooms and 2 full bathrooms. New appliances and in-unit washer/dryer are included, as well as 4 off-street parking spaces. Both units are occupied and leased until 6/2024, with a current cap rate of 7.3% and a cap rate of 7.7% starting 6/2023.