56 Felix Street Providence

$659,900
6 3 2,856 sq ft

The Property

Well maintained three family in Smith Hill with a vacant 2nd floor unit, strong rental income, and approximately six off street parking spaces. Each unit offers 2 bedrooms and 1 full bath with spacious kitchens, separate living rooms, hardwood flooring, and good natural light. Current rents are $1,950, $1,950, and $1,600 per month for $5,500 in total monthly income. The vacant 2nd floor gives an owner occupant the opportunity to move right in while collecting income from the other two units.

Investors have a solid income producing property with separate utilities and strong existing rents. Recent improvements include updated bathrooms, interior paint, flooring, plumbing work, upgraded appliances, a new hot water heater, and servicing of all three heating systems. The basement offers coin operated laundry along with three separate secured storage rooms for tenant use. Approximately six off street parking spaces add another major convenience. Convenient Smith Hill location close to Providence College, downtown Providence, hospitals, shopping, restaurants, and highway access. A well maintained three family with strong income and plenty of flexibility for the next owner. (Owner Occupied Taxes $4032)

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Listing Details

MLS Number

1422899

Lot Size:

0.09 acres

Features

  • Basement: Full, Interior Only, Unfinished, Utility
  • Bus
  • Commuter Bus
  • Highway Access
  • Hospital
  • Interstate
  • Private School
  • Public School
  • Railroad
  • Recreational Facilities
  • Restaurants
  • Schools
  • Shopping
  • Deck
  • Porch
  • Heating: Natural Gas, Baseboard, Gas Connected
  • Heating Fuel: Natural Gas, Baseboard, Gas Connected
  • Laundry
  • Sidewalks
  • Year Built: 1920

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Market Trends for Single Family Homes
in Providence

  • Overview
    Homes for Sale Today392-90.7% decrease in inventory
    New on Market *22533.1% increase in new listings
    Avg. Asking Price/Sq.Ft. *$333.26$17 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$625,848$73,043 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *100.74%0.8% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$314.33$35 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *764 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.

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Listed by Compass
Email:
Phone: 401-274-1644

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