Off-Market Property at 90 Updike St, Providence, RI, 02907
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90 Updike St, Providence, RI, 02907

$259,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $149 per day and long-term for an average of $2,817 per month, based on similar listings in the area. Estimated short-term cap rate of 3.9%. Estimated long-term cap rate of 5.1%. This lovely home in Providence, Rhode Island is priced to sell! Features of the home include hardwood floors throughout, spacious living areas, 3 bedrooms, 2 bathrooms, and a large fenced-in outdoor area. There is also a full basement with plenty of room for extra storage. Being in a central location, this home is close to all amenities and offers plenty of off-street parking. Call today and schedule your private showing. __________________________________________________________________________________________________________ $1,875 Per Month @ 7.82% APR. * 0% Down 30-Year to those who qualify. * Taxes insurance not included. * Rates As of October 2023. * Includes buy-down rate of 1%, subject to use of seller's preferred lender.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3937
Bedrooms
3
Bathrooms
2
SQFT
1,480
Furnished
unknown
Year built
1926
Listing Status
Off Market
MLS
1345670

Short-term Rental Potential
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$30,648

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$175

Price/SQFT

Long-term Rental Potential
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$33,804

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,817/mo

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