Home » Real Estate » RI » Providence » 02908 » 58 Veazie Street, Providence, RI, 02908
$549,900

58 Veazie Street, Providence, RI, 02908

8 Beds
3 Baths
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Solid Investment property near Providence College with three units and a total of 8 bedrooms and 3 bathrooms. The first floor unit with 2 bedrooms has been completely renovated with new flooring, paint, appliances, and an updated bath. The second and third floor units are identical, with 3 bedrooms and 1 bath each, a large dining room with galley kitchen, large living rooms, and a closed in porch. Each has updated bathrooms, hardwood floors, and bay windows. The property also has a two car garage with additional rental income possibility, replacement windows, new architectural shingle roof (GAF), each unit has a new Viessmann on demand heating and hot water system. Tenants on 2 & 3 are mo to mo with lower than average rents. Currently a 7.5-8% cap, with market rents would be higher. This is also an ideal opportunity for an owner occupant, to live free from a mortgage payment while building equity.
Offered By
Mott & Chace Sotheby's Intl.

Property Details

Property Type Residential Income
Status Pending
Bedrooms 8
Bathrooms (Full) 3
Property Sub Type Multi Family
MLS # 1356660

Market Trends

New Properties On Market
38
36% Increase In New Listings
Average Asking Price
$372,062
$162,339 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$250
$60 Decrease In List Price/Sq. Ft.
Average Days On Market
12
4 Day Decrease In Days On Market
Data as of May 17, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2021 State-Wide Multiple Listing Service. All rights reserved.
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