122 - 124 Fifth Street Providence

The Property

Terrific 3-unit in sought-after Summit neighborhood! Property is being sold fully furnished and has a robust Airbnb rental history. 250+ Airbnb reviews give property a 5-star rating! NOI=$73,100 => 12.6% cap rate. If owner-occupied, NOI= ~48K => 8.3% cap rate. Property is very well-maintained with excellent mechanicals, replaced windows, recent electrical, plumbing and copper water service, updated kitchens and baths.

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