Property Description
Spacious 3-family near Providence College with a strong rental history presenting an investor-friendly opportunity! This versatile three-family home in the heart of Smith Hill's revitalization is a prime opportunity for investors, owner-occupants, or multi-generational living. Each unit features separate utilities, ensuring easy management and strong rental income potential. First and second floor units offer 3 bedrooms, while the third floor unit offers 2 bedrooms and a bonus room. With a proven rental history, this property is located in a high-demand rental market, making it a smart investment. Two units are currently available, offering a seamless transition for new tenants or the opportunity to hand-pick occupants. The property boasts ample off-street parking (6+ vehicles) and a large detached garage, perfect for storage, a workshop, or potential Accessory Dwelling Unit (ADU) conversion for additional income. Conveniently located minutes from Providence College, the train station, I-95, 295, and 146 (with a direct route to Boston) and just a short drive to Federal Hill and the East Side, this property offers flexibility, income potential, and unbeatable convenience. Don't miss this exceptional investment opportunity!
Overview
Property Type
Multi-family
Location
77 Pekin Street, Providence, RI 02908
Zoning
R-3
MLS ID
1377775
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
8
Full Bathrooms
3
Flooring
Ceramic Tile, Hardwood, Laminate
Appliances
Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
Exterior
Stories
3
Water Source
Connected, Public
Utilites
Sewer Connected
Parking
Detached, Garage
Heat Type
Baseboard, Gas, Hot Water
Air Conditioning
None, Window Unit(s)
Sewer
Connected, Public Sewer
Substructure
Concrete Perimeter
Other Exterior Features
Breezeway, Porch, Paved Driveway
Details
Total Area
2,634 Sq.Ft.
Neighborhood
Smith Hill
Financial
Price
$650,000
Real Estate Tax
$3,255/yr
Exclusive Listing Agents