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$999,000
10 Beds
- 6 Baths
6 full baths
3,550sqft
513 Charles St, Providence, RI 02904
$999,000
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Multi Family
Built in 1900
$-- HOA
0.11 acre lot
$281/sq.ft
Description
A RARE PROVIDENCE VALUE-ADD WITH BONUS DEVELOPMENT POTENTIAL. Well-kept 6-unit (legal 5) property in Providence’s Charles neighborhood offering strong current income with substantial upside still on the table. Below-market month-to-month rents create immediate opportunity for increased rents, while basic interior renovations offer additional value-add potential. Major capital improvements have already been handled, including a 2-year-old roof, majority newer windows, multiple newer water heaters, foundation repairs, and vinyl siding. The property also offers ample rear parking on a separate, buildable lot, creating rare future development potential beyond the existing ass...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
3,550 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73521978
MLS Status
Active
Days on Market
65
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