Off-Market Property at 19 Whiting St, Providence, RI, 02906
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19 Whiting St, Providence, RI, 02906

$950,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $804 per day, based on similar listings in the area. Estimated short-term cap rate of 10.1%. Spacious, light-filled, move-in ready 2-Family located on the East Side of Providence just off Hope street. 8 Bed, 3 Full Bath (total) with 2 car detached garage and off-street parking for 4 cars, 2 covered in garage. Each unit has private front balcony with shared secluded side-yard. 1st unit has gleaming hardwoods throughout, high ceilings, 2 bed, 1 full bath (tub & shower) with double parlor, private entry with mudroom and private front balcony, decorative fireplace in dining. 2nd unit is a townhome style unit with a whopping 6 bed/flexrooms and 2 full baths: 2nd floor same footprint as 1st. 3rd has 4 bed/flexrooms, kitchenette and full bath with shower--perfect for guest suites, play room, storage, au pair, art studio or at-home offices....whatever your vision or needs may be- you have the SPACE! Laundry and tons of room for storage in dry basement with HIGH ceilings. Roof replaced in 2018, replacement windows, as well as many other updates. Lovely and well maintained in a very desirable location. Interior photos to come. Close to Brown, Amtrak, downtown PVD, 95 as well as all the great shops, cafes, bars and restaurants in Hope Village. Must see!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4740
Bedrooms
8
Bathrooms
3
SQFT
4,752
Furnished
unknown
Year built
1900
Listing Status
Off Market
MLS
1344802

Short-term Rental Potential
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$161,592

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$199

Price/SQFT