Off-Market Condo: 1 at 612 Angell St, Providence, RI, 02906
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612 Angell St, Providence, RI, 02906

- #1

$495,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,575 per month, based on comparable local listings. Estimated long-term cap rate of -1.7%. Exceptional one-level, first floor condominium in Wayland Square. The elegant condo has all the features you have been waiting for: huge eat-in-kitchen with custom cabinetry and granite counters, beautifully appointed living room with custom built-ins and south facing windows. A double set of French Doors from the living room leads to a closeted room that can funtion as second bedrom, dining room, den or office or to suit your needs. A full bathroom has white tile and a classic black and white tile floor. The laundry and storage room is off the kitchen. Other amenities include central air conditioning, porch, shared back yard, one garage space and one additional parking space. You can walk to all the shops and restaurants in Wayland Square, steps to Blackstone Boulevard, and the Seekonk River Park.

Property Information
Monthly Rent
$2,575
Monthly HOA
$250
Rental Policy
STR Restrictions
Yearly Taxes
$4803
Bedrooms
2
Bathrooms
2
SQFT
970
Furnished
unknown
Year built
1900
Listing Status
Off Market
MLS
1344883

Long-term Rental Potential
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$30,900

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,575/mo

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