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Multi family home for sale at 241 Pocasset Ave, Providence, RI 02919 | MLS# 1409780 | Listing updated on 2026-08-31
Photo 1 of Multi family home for sale at 241 Pocasset Ave, Providence, RI 02919 | MLS# 1409780 | Listing updated on 2026-08-31
Photo 2 of Multi family home for sale at 241 Pocasset Ave, Providence, RI 02919 | MLS# 1409780 | Listing updated on 2026-08-31
Photo 3 of Multi family home for sale at 241 Pocasset Ave, Providence, RI 02919 | MLS# 1409780 | Listing updated on 2026-08-31
Photo 4 of Multi family home for sale at 241 Pocasset Ave, Providence, RI 02919 | MLS# 1409780 | Listing updated on 2026-08-31
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$1,500,000

  • Beds Icon11 Beds
  • Beds Icon
    8 Baths
  • Beds Icon5,535sqft

241 Pocasset Ave, Providence, RI 02919

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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...

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  • 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 RI StateWide MLS-RI

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Providence County

  • City

    Providence

  • Neighborhood

    Silver Lake

  • 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

Data provided by Redfin

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