East Providence, RI 02914,60 Purchase ST
East Providence, RI 02914,60 Purchase ST
East Providence, RI 02914,60 Purchase ST
East Providence, RI 02914,60 Purchase ST
East Providence, RI 02914,60 Purchase ST
East Providence, RI 02914,60 Purchase ST
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$ 850,000
Est. payment | /mo

9 Beds

3 Baths

2,400 SqFt


$ 850,000
Est. payment | /mo

9 Beds

3 Baths

2,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $354

MLS Listing ID 1400724

Bedrooms 9

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,400

Year Built 1900

Annual Tax Amount $5,200

Tax Year 2025

Lot Size 5,000 Sqft

Acres 0.1148

Property Sub-Type Multi Family

Property Description

Discover this exceptional 3 Family Home, perfectly situated just a mile from East Side of Providence and within close proximity to prestigious institutions such as Brown University, Providence College, RI College, and major medical facilities, enhancing the appeal for healthcare professionals and students alike. . This property has three bedrooms on each floor and additional income exists with a finished basement that could be incorporated into the first-floor apartment with separate laundry area with coin operated washer dryer that brings in additional income of 300-500/monthly which significantly increasing rental revenue. There are 9 off street parking areas in addition to the 3bay garage that offers further income potential, with an estimated rental income of $300 per month for each bay or 4 compact cars for an additional $300, making it an attractive opportunity perfect for collectors. This showroom garage has electric/heat/cable/ alarm, tiled floor, and power doors. Above the garage, there are three unfinished rooms that present an opportunity for renovation, increasing the property's value and rental income. This property is a rare find with immense potential for growth and profitability. Whether you're looking to expand your investment portfolio or seeking a residence that can generate income, this 3 family is a fantastic opportunity!

Location

State RI

County Providence

Zoning R6

Rooms

Basement Exterior Entry, Full, Interior Entry, Partially Finished

Interior

Interior Features Stall Shower

Heating Gas, Other, Steam

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood, Vinyl

Fireplaces Type None

Inclusions Rents do not reflect market rentals. Tenants have been in place for several years. Additional income from coin operated washer/dryer

Fireplace No

Appliance Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer

Laundry Common Area

Exterior

Exterior Feature Paved Driveway

Parking Features Detached

Garage Spaces 3.0

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant

Utilities Available Sewer Connected

Total Parking Spaces 12

Garage Yes

Building

Lot Description Corner Lot

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Plaster,Wood Siding,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 60PURCHASESTEPRO

Security Features Security System Owned

Virtual Tour https://tour.RiLiving.com/60-Purchase-Street-East-Providence-RI-02914

Listed by Lamacchia Realty, Inc

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60 Purchase ST

L&L Homes Team
L&L Homes Team

Licensed in MA, CA, RI | License ID: 9527841

+1(508) 649-5646 | info@llhomesteam.com

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