56 Ivy Street, Providence, RI, 02906 (Off Market)

For Sale, USD 1,150,000


56 Ivy Street, Providence, ri, 02906,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 3,944 ft² / 366 m²

Land Size : 5,662 ft² / 526 m² Convert Land Size

Bedroom : 7

Bathroom : 4

Half Bathroom : 0

MLS#: 1403353


Property Description

Turnkey income producing 3 family investment! This well-maintained multi-family property offers strong income potential and long-term value. Major capital improvements already completed with a 2 1/2 yr old roof, and hard wired smoke detectors for code compliance. Each unit is spacious and thoughtfully designed with separate entrances, generous layouts, abundant natural light, and functional kitchens and living areas ideal for today's renters. In addition to the 3 units, there is also a first floor art studio with bath, and a second level office and flex space. The basement has plenty of storage, a workshop, and coin-op washer and dryer. The property also features a rare large, private fenced yard - an added bonus for tenants and owner occupied alike! Tenants enjoy convenient access to nearby shopping, dining, schools, and major transportation routes, making this a highly desirable location. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property presents a rare and versatile opportunity. The current owners have primarily chosen mid-term monthly rentals that have included utilities however each unit is separately metered proving flexibility. Taxes are based on owner occupied rate. Owners will sell fully furnished if desired.
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56 Ivy Street, Providence, RI, 02906, United States,Rhode Island,Providence is a 3,944ft² Providence luxury Multi-Family Home listed for sale USD 1,150,000. This high end Providence Multi-Family Home is comprised of 7 bedrooms and 4 baths. Find more luxury properties in Providence or search for luxury properties for sale in Providence.