60 Purchase Street East Providence

$769,000
9 3 2,400 sq ft

The Property

Versatile 3-Family Property with Exceptional Income Potential

Don’t miss this outstanding opportunity to own a spacious 3-family property in a convenient Providence location, just minutes from shopping, dining, major highways, universities, and healthcare facilities. Each unit offers 3 bedrooms, providing strong rental appeal and flexibility for both investors and owner-occupants.

The property features ample off-street parking with space for up to 9 vehicles, along with a detached 3-bay garage that is truly a standout feature. Equipped with heat, electricity, cable, an alarm system, tiled flooring, and automatic doors, this impressive space is ideal for car enthusiasts, contractors, hobbyists, storage, or potential additional rental income.

Adding to the property’s value are three unfinished rooms located above the garage, offering endless possibilities for future expansion, workspace, storage, or other creative uses (subject to approvals). With multiple value-add opportunities and strong income-producing potential, this unique multi-family property is an excellent addition to any real estate portfolio or a smart option for those looking to offset ownership costs with rental income.

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Listing Details

MLS Number

1414657

Lot Size:

0.11 acres

Features

  • Basement: Full, Interior and Exterior, Finished
  • Heating: Natural Gas, Gas on Gas
  • Heating Fuel: Natural Gas, Gas on Gas
  • Garage: 1
  • Year Built: 1900

Market Trends for Single Family Homes
in East Providence

  • Overview
    Homes for Sale Today77-94% decrease in inventory
    New on Market *8340.7% increase in new listings
    Avg. Asking Price/Sq.Ft. *$354.30$21 increase in List Price/Sq.Ft.
    Avg. Sale Price *$483,175$9,599 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *102.34%1.7% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$338.78$16 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *580 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 Envoy

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