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$ 660,000
Est. payment | /mo
4,356 Sqft Lot
$ 660,000
Est. payment | /mo
4,356 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1385151
HOA Y/N No
Year Built 1910
Annual Tax Amount $22,337
Tax Year 2024
Lot Size 4,356 Sqft
Property Sub-Type Commercial
Property Description
Welcome to 65 Russo Street, a prime investment opportunity in a high-demand rental area. This fully occupied 6-unit residential building features all 2-bedroom, 1-bathroom units, generating over $8,000 in monthly rental income with solid long-term tenants in place. The property offers immediate cash flow and significant upside potential through value-add improvements and rental rate increases. Additionally, there is an exclusive opportunity to purchase an adjacent vacant lot ideal for future development or added amenities (inquire for more details). Whether you're looking to expand your portfolio or enter a stable rental market with growth potential, 65 Russo Street checks all the boxes. Don't miss this chance to acquire a performing asset with room to scale. Can also be sold as a package with 21 Russo St.
Location
State RI
County Providence
Rooms
Basement Full
Interior
Heating Hot Water
Cooling None
Exterior
Utilities Available Natural Gas Connected, Sewer Connected
Street Surface Asphalt
Building
Story 3
Foundation Combination
Sewer Connected
Water Connected
Level or Stories 3
New Construction No
Others
Tax ID 65RUSSOSTPROV
Virtual Tour https://tour.RiLiving.com/65-Russo-Street-Providence-RI-02904
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Listed by Keller Williams Leading Edge
