$695,000
$750,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
423 Atwells AVE Providence, RI 02909
5 Beds
4 Baths
3,636 SqFt
Key Details
Sold Price $695,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,636 sqft
Price per Sqft $191
Subdivision Federal Hill
MLS Listing ID 1342104
Sold Date 11/14/23
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,636
Year Built 1930
Annual Tax Amount $13,100
Tax Year 2023
Lot Size 2,252 Sqft
Acres 0.0517
Property Description
Incredible opportunity to own a three-unit mixed-use property in the heart of the historic Federal Hill neighborhood. First floor is a salon that's been established in business for over twelve years. The second and third floors are bright, charming two-bedroom plus office or walk-in closet and one bathroom apartments. They both feature sun-filled living rooms and original details such as hardwood floors. They each offer eat-in-kitchens and a galley area. The third floor unit also has a newly renovated bathroom. This property also has two brand new boilers and a new hvac system as well as new exterior siding. Excellent rental income and cap rate with all three floors having third party leases. Property is mixed-used and ineligible for FHA-financing. Great, accessible location near downtown Providence and steps from award-winning restaurants, cafes, and recreation.
Location
State RI
County Providence
Community Federal Hill
Zoning C-1
Rooms
Basement Full, Interior Entry, Unfinished
Interior
Heating Baseboard, Gas, Zoned
Cooling Ductless
Flooring Ceramic Tile, Hardwood
Fireplace No
Window Features Storm Window(s)
Appliance Gas Water Heater
Laundry Common Area
Exterior
Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
Utilities Available Sewer Connected
Garage No
Building
Sewer Connected, Public Sewer
Water Connected
Structure Type Drywall,Plaster,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 423ATWELLSAVPROV
Financing Other
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