93 Barrows St, Providence, RI, 02909

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $314 per day, based on similar listings in the area. Estimated short-term cap rate of 12.0%. Charming Multi-Family Gem in Providence: Ideal for Investors and Owner-Occupants Nestled in the heart of Providence, this multi-family property presents a unique opportunity for both real estate investors and those seeking a comfortable residence. With two meticulously maintained units, this property stands out in the Providence market. Unit 1 offers 2 bedrooms and 1 bathroom, creating a cozy living space with a well-thought-out layout and a modern kitchen. Unit 2 mirrors the layout of Unit 1, with 2 bedrooms and 1 bathroom, but it also features a distinctive bonus room in the attic. This versatile space can serve as an additional living area, office, or playroom, adding significant value to the property. The property is in excellent condition, Newer heating systems ensure comfort during Rhode Island's winters, while the low-maintenance vinyl siding enhances curb appeal and reduces the need for upkeep. The property also provides ample parking space in the back for 4+ cars, a highly sought-after feature in Providence. Located in a prime area, this multi-family property is conveniently close to Providence's vibrant dining and entertainment options, with easy access to public transportation and major roadways. Whether you're an investor looking for a promising opportunity or an individual in search of a welcoming and convenient residence, this two-unit property offers the best of both worlds.