Off-Market Property at 65 Stevens Rd, Providence, RI, 02910
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65 Stevens Rd, Providence, RI, 02910

$499,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $352 per day, based on similar listings in the area. Estimated short-term cap rate of 2.9%. LOCATION & AWESOME CURB APPEAL. LIVE-IN OR INVEST, BUT DON'T MISS THIS STUNNER! The 2nd level's signature scalloped "decoupage" adds its unique aura. This absolutely distinctive, MUCH ADMIRED, 2234SF 2 family spans a full street to street on an exclusive Forest Hills block w/manicured grounds, lush shrubs & private stone patio retreat for an AM Joe or sunset escape in warmer temps. Owner occupies 1st floor 1428SF 3 bed spacious apartment w/ C/A. High ceilings trimmed w/crown moldings, large double & triple hung replacement windows, & open flow thru this level add to its allure starting w/the elegant columned divide between the living room and huge DR...a statement to grandeur as soon as guests enter the home from the brick trimmed verandaed porch. A striking fireplace hearth has a gas line; but owner uses as candle display. Hardwoods run thru-out & into the pleasant, sunlit, large eat-in kitchen w/open pantry lined w/cupboards galore. The bath's updates charmingly compliment a perfect vintage black/white floor. The home is a FIT for buyers seeking 1 level living convenient to all the city has to offer: shops/dining in Garden City, Whole Foods, Golf drives, near interstate ..& a bonus of an extra income from the 2nd floor, 1 bed apartment (806SF) w/its private entry & longterm mo./mo. tenant. Separate w/updates HW, heat & electric, . Enjoy convenience, ambience, & 2car garage w/pushpad & new doors. One this SPECIAL WON'T LAST! Subject to seller's closing on next house (in P&S)

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5466
Bedrooms
4
Bathrooms
2
SQFT
3,753
Furnished
unknown
Year built
1920
Listing Status
Off Market
MLS
1347371

Short-term Rental Potential
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$51,792

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$132

Price/SQFT