16 Governor Street Providence

$1,065,000
9 3 3,200 sq ft

The Property

Investors take note. This legal three unit property in the highly sought after Fox Point neighborhood one block from Wickenden Street offers strong, consistent rental performance and recent updates throughout. Each fully furnished unit features three bedrooms, a living/dining area, and a well appointed kitchen with a breakfast bar. Bedrooms come complete with a bed, nightstand, dresser, desk, and chair—an ideal turnkey setup for maximizing occupancy and rental income.

The 3rd floor has been completely reconfigured and renovated, featuring a vaulted ceiling with skylights. Building systems include gas forced hot air heat, central air conditioning, replacement windows, all separate utilities, plus a house electric meter. Additional highlights include coin op laundry in the basement, a clean and well maintained interior, a newly replaced copper water service line, and lead conformance certificates in place. Parking is plentiful with space for four cars behind the building, plus a small garage fronting on Goulding Street. This property may also be purchased as a package with 20 Governor Street, MLS# 1404991, offering an exceptional opportunity to expand your East Side investment portfolio.

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Listing Details

MLS Number

1404990

Lot Size:

0.09 acres

Features

  • Basement: Full, Interior Only, Unfinished, Storage Space, Utility
  • Bus
  • Highway Access
  • Hospital
  • Interstate
  • Marina
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Near Swimming
  • Tennis
  • Heating: Natural Gas, Forced Air
  • Heating Fuel: Natural Gas, Forced Air
  • Garage: 1
  • Laundry
  • Paved Driveway
  • Paved
  • Sidewalks
  • Year Built: 1930

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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?

    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 Residential Properties Ltd.

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