$649,900

About this home

Prime Investment Opportunity at a great price! This versatile three-unit mixed-use property offers an excellent opportunity for investors, with the potential to create a 4th and 5th unit for additional income potential. Ideally located on Reservoir Avenue, the property is within walking distance to shopping, restaurants, dining, and everyday stores. Three existing units are currently rented, with two tenants on a month-to-month basis, providing flexibility. The property features a newer furnace, hardwood and vinyl flooring throughout, and private off-street parking in the rear. With a strong location, existing rental income, and potential for additional space, this property offers an exciting opportunity to expand and maximize its investment potential.

Property facts

Property type

Multi Family

Year built

1920

Lot size (acres)

0.1

Total rooms

11

Garage spaces

0

Total parking

4

Annual taxes

$4,672

Tax year

2025

Neighborhood

Reservoir

County

Providence

Features

Heating

Natural Gas, Baseboard

Cooling

None

Basement

Full, Interior Only, Unfinished, Laundry, Storage Space, Utility

Appliances

Oven, Range, Refrigerator, Gas Water Heater

Interior

Wall (Dry Wall), Wall (Plaster), Stairs, Plumbing (Mixed), Insulation (Walls)

Fireplace

None

Laundry

In Building, In Unit

Parking

No Garage

Construction

Dry Wall, Plaster, Vinyl Siding

Utilities

Sewer Connected, Water Connected

Community

Bus, Commuter Bus, Highway Access, Interstate, Private School, Public School, Recreational Facilities, Restaurants, Schools, Shopping

Lot

Paved Driveway, Sidewalks

Location