57 Pembroke AVE Active

Providence,RI 02908

$ 4050000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1385418

Year Built 1935

Annual Tax Amount $3,226

Tax Year 2024

Lot Size 4,000 Sqft

Property Sub-Type Commercial

Property Description

Unlock a lucrative investment opportunity in the heart of Providence! This exceptional multi-family rental portfolio features 5 separate properties totaling 15 units. Strategically located in the heart of three prestigious colleges - Providence College, Johnson and Wales University, and Rhode Island College - making it a magnet for student and faculty tenants. Each property in this portfolio has undergone extensive renovations, boasting modern upgrades and top-of-the-line mechanical systems, including roofs, porches plumbing and electrical. With sleek interiors, energy-efficient designs, turnkey condition, and ample off the street parking these units are primed for long term occupancy and value appreciation. Capitalize on strong rental demand, consistent cash flow, and proximity to vibrant academic and cultural hubs.

Location

State RI

County Providence

Building

Sewer Public Sewer

Structure Type Other

New Construction No

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