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- Overview
- Description
- Property Details
- Location
- Getting Around
$1,500,000
11 Beds
- 8 Baths
8 full baths
5,535sqft
241 Pocasset Ave, Providence, RI 02919
$1,500,000
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Multi Family
Built in 2024
$-- HOA
2,523 sqft lot
$271/sq.ft
Description
Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2 dramatically boosting early returns and investor ROI. Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial adva...
Continue Reading- Houzeo last checked: 24 minutes ago
- Listing updated: August 31, 2026 at 8:11 pm
- Listing Provided by: Madelynn Duarte (401) 481-7357 DRE #RES.0044330 | Innovations Realty (401) 414-7414
- Source: RI StateWide MLS-RI | MLS#: 1409780

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
2024
HOA Fees
-
Finished Area
5,535 sqft
Lot Size
2,523 sqft lot
Basement Area
- sqft
MLS Name
RI StateWide MLS
MLS Number
1409780
MLS Status
Active
Days on Market
156
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