129 Veazie St, Providence, RI, 02908

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $216 per day and long-term for an average of $2,567 per month, based on similar listings in the area. Estimated short-term cap rate of 7.1%. Estimated long-term cap rate of 0.3%. This fantastic opportunity awaits both investors and first-time home buyers (more photos coming soon)! Welcome to 129 Veazie Street, a well-maintained 2 unit, 4+-bedroom, 2-bathroom with ample outdoor living space and off-street parking. Great Investment: With its affordable price point, this property is an excellent choice for investors!! Generate rental income from day 1 with the option of keeping long-term tenants in place. First-Time Home Buyer's Dream: Did you know you may be able to include a tenant's rent as your income when qualifying for a mortgage? Live on one side while using the rental income from the other to pay your mortgage. Spacious Layout: Enjoy 1,710 square feet of living space in 2 duplex units. Apartment A offers 3 bedrooms on the second floor, with the kitchen, full bath, living room and dining room on the first. Apartment B has a large bedroom with a nursery/office space and large walk-in closet on the second floor, kitchen and full bath on the first. Outdoor Space: Both the front yard and multi-level backyard offers off street parking and a great place for outdoor activities, gardening, or even a future expansion. Don't miss out on this dual opportunity – you're an investor seeking to expand your portfolio or a first-time home buyer looking for an affordable option. Contact us today!! Please note: The sale of this property is subject to the seller locating and securing/purchase of a suitable and preferred 1031 exchange property.