Off-Market Property at 60 Stadden St, Providence, RI, 02907
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60 Stadden St, Providence, RI, 02907

$210,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $133 per day, based on similar listings in the area. Estimated short-term cap rate of 5.3%. CALLING ALL BIDDERS!!!! Come see the best value in town! This great small but mighty Condo Alternative features just one bedroom but it's a solidly built bungalow in Providence's sought after Reservoir Triangle, right on the Cranston line! Close and convenient to everything and definitely priced to sell!! You might choose to apply some TLC for aesthetics (depending on your tastes), but this home is in MOVE-IN CONDITION and has no apparent items or issues that would stop it from being financed by VA or FHA loan products. This solid bungalow is conveniently located just minutes from all the shopping and dining conveniences that you can imagine from Twin Oaks, The Big Cheese, Spain and much more. Plus you'll have easy access to RT. 10 and 95 North or South. So you'll be less than 10 minutes from Garden City, Federal Hill, Downtown Providence, Roger Williams Park, Pawtuxet Village and more! All offers via bidding process, which is currently scheduled to close out on Tuesday, October 17th, 2023 at 7:30 PM. Interested parties are advised to register ASAP. Ask your Agent for details. Open House Events are scheduled for Saturday, October 7th and again on Saturday, October 14th - both are from 1:00 PM till 2:30 PM. Seller reserves the right to accept, reject or counter any bid or offer prior to and beyond the end of the bidding process. ** Final Bids are Subject to 6% Buyer's Premium. ** Please do not walk on property without an appointment.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4029
Bedrooms
1
Bathrooms
1
SQFT
1,142
Furnished
unknown
Year built
1930
Listing Status
Off Market
MLS
1345303

Short-term Rental Potential
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$28,512

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$183

Price/SQFT