Off-Market Condo: 2A at 385 Westminster St, Providence, RI, 02903
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

385 Westminster St, Providence, RI, 02903

- #2A

$625,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,317 per month, based on comparable local listings. Estimated long-term cap rate of -5.1%. Dive into downtown living in this Downcity condo, located in the revered Conrad Building built in 1886. Merging the building's storied past with today's urban chic, this unit stands out with its raw brick contrasted by pristine white walls, dark slate flooring, and expansive ceilings. Gaze out from the unique round turret to capture panoramic views of Downtown's heartbeat—Westminster Street. This condo's open layout offers both a dynamic space for entertaining and archetypal city life. The kitchen, a blend of dark granite, sleek stainless appliances, and timeless white subway tiles, embodies modern luxury, making every culinary endeavor a delight. Two spacious bedrooms opposite each other promise reprieve and privacy. The primary room boasts a walk-in closet and seamless access to a contemporary bathroom. Added perks? New heat & AC systems, secure off-street parking and the very pulse of DownCity Providence—restaurants, boutiques, the theater—right at your doorstep. A modern sanctuary in a historic setting.

Property Information
Monthly Rent
$2,317
Monthly HOA
$1188
Rental Policy
STR Restrictions
Yearly Taxes
$5157
Bedrooms
2
Bathrooms
1
SQFT
1,385
Furnished
unknown
Year built
1886
Listing Status
Off Market
MLS
1346355

Long-term Rental Potential
arrow_drop_up

$27,804

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,317/mo

Rent