122 Lowell Avenue, Providence, RI 02909
sale
$1,050,000
|
Other
Courtesy Of Rent Prov. Realty
Prime investment opportunity! 8-Unit residential building in the Silver Lake area of Providence. This fully occupied building offers consistent rental income and long-term potential. 4 one-bedroom apartments and 4 two-bedroom apartments. Ample on-site parking with 28 dedicated parking spaces (14 on each side of the building). Eligible for condo conversion, adding significant upside potential. Roof was replaced just 7 years ago and electric heat is featured throughout the building. Owner currently rents out parking spaces to nearby tenants as well. With a stable cash flow this property is an excellent opportunity for both seasoned investors and those looking to expand their portfolio. Don't miss the chance to own a solid income-producing asset in one of Providence's most established residential communities.
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Property Features
- Age: Over 50 Years Old
- Building Units: 1
- MLSID: 1395451
- Parking Spaces: 28
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