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108 Spruce Street Providence

$465,000
6 3 3,600 sq ft

The Property

INVESTOR SPECIAL!! This home is zoned for Commercial, Residential and Short-term rental! Property provides you with first unit that offers an oversized bar, 1 bed and full bath! Unit 2 offers 3 bedrooms, spacious dining room, Open living room area and full bath! The unique Layout of both unit one & two have been combined together as a short-term Air bnb Rental! Within close proximity to Federal Hill, restaurants, entertainment and Providence nightlife, this short-term rental estimates around $100k cash flow a year! Unit 3 is currently occupied and offers an open concept layout with an open kitchen, two beds, dining and living room area along with 1 full bath! Unit 4 is not yet developed – however it gives you free range to complete and bring your vision to life! Do not miss out on this unique opportunity, schedule a showing today!

Contact Associate

Listing Details

MLS Number

1320387

Lot Size:

0.03 acres

Features

  • Basement: Full
  • Wood
  • Heating: Steam
  • Heating Fuel: Gas
  • Type: Other,Up/Down
  • Year Built: 1920

Market Trends for Multi Family Homes
in Providence

  • Overview
    Homes for Sale Today56-97.5% decrease in inventory
    New on Market *644.9% increase in new listings
    Avg. Asking Price/Sq.Ft. *$220.63$12 increase in List Price/Sq.Ft.
    Avg. Sale Price *$652,074$105,342 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *103.56%1.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$219.65$18 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *704 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?

    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 Century 21 The Seyboth Team

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