Listing Courtesy of Keller Williams Realty NRI
  • 9 / 3
  • 65
  • 1900
  • 3,200
Active Status 2-4 Units Multi Family
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Located just a few blocks from Providence College, plus an additional lot, makes this the perfect opportunity for a savvy investor. This spacious three family boasts three apartments with 3 bedrooms in each unit maximizing earning potential with gross student rents estimated at nearly $60,000 per year (see attached proforma profit and loss). As an added bonus this property sits on 2 distinct lots and the additional lot (plat/lot: 99/188 "18 Fernando St") appears to be buildable (3200 square feet) for future investment opportunity. Plenty of off street parking, easy access to bus lines and highways, you are sure to attract plenty of young professionals or academic tenants. This building has a newer roof and windows with separate utilities for each unit.

Address: 623 Douglas AV
State: RI
City: Providence
County: Providence
Zip Code: 02908
MLS#: 1209092
MLS Area:

Price History

Date Price Event Change MLS#:
11/14/2018 $229,900 List Price 4.98% 1209092
4/18/2018 $219,000 List Price 1187688

Nearby Schools

R.I. School For The Deaf(Preschool-12)
Veazie Street School(K-5)
Veazie Street School(Preschool-5)
St Ann School( K-8)
The San Miguel School(5-8)
St Pius V School(Preschool-8)
R.I. School For The Deaf(Preschool-12)
St Ann School( K-8)
The San Miguel School(5-8)
Esek Hopkins Middle School(6-8)
Esek Hopkins Middle School(6-8)4
St Pius V School(Preschool-8)
R.I. School For The Deaf(Preschool-12)
E-Cubed Academy(9-12)
E-Cubed Academy(9-12)4

Interior Details

  • Appliances:Oven/Range, Refrigerator
  • Features:
  • Furnished:
  • Floor Type:Ceramic, Hardwood, Laminate, Wall To Wall Carpet
  • Cooling:None
  • Heating:Baseboard, Space
  • Basement Details:Full
  • Fuel:Gas
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:0
  • Pool:No
  • Utilities:
  • Lot Description:Extra Lot,Paved Driveway
  • Parking:10
  • Foundation:Unknown
  • Exterior:Other Siding,Vinyl Siding
  • Sewer:Connected,Municipal

Community Details

  • HOA: $0/Year
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0

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Property Information Last Updated: 1/19/2019 9:18:56 AM
Property Listed By Keller Williams Realty NRI


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