Off-Market Property at 30 Victor Emanuel Ave, Providence, RI, 02904
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30 Victor Emanuel Ave, Providence, RI, 02904

$1,149,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $754 per day, based on similar listings in the area. Estimated short-term cap rate of 1.0%. Discover the perfect blend of comfort and potential in this unique opportunity for owner occupants or investors! Four modern units contained in two side-by-side, 2-family homes constructed in 2007 with endless possibilities. The open floor plan seamlessly connects the kitchen and dining areas creating an open inviting space for gatherings and daily living. The first-floor units contain 3 inviting bedrooms and 2 stylishly designed bathrooms. The second floor units present an equally appealing layout with 3 bedrooms and 1 full bathroom. However the real gem here is the potential both homes have with full walk-out lower levels that are partially finished with high ceiling and rough plumbing already in place for future expansion. Let your imagination run wild and craft the space of your dreams. As if that weren't enough, all units have central-AC and 1,300+ square feet of living space! Also one unit is currently vacant freshly painted with brand-new appliances and ready for immediate occupancy. This property is situated in Providence’s north end (right on the North Providence line) on a quiet dead-end street with water views of Canada Pond. In addition and very rarely found this property offers ample off-street parking for all occupants! Truly a must see investment opportunity with convenient highway access and within minutes to all that Providence has to offer.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$15333
Bedrooms
12
Bathrooms
6
SQFT
2,646
Furnished
unknown
Year built
2007
Listing Status
Off Market
MLS
1343935

Short-term Rental Potential
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$100,488

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$434

Price/SQFT