Off-Market Property at 29 Beaufort St, Providence, RI, 02908
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29 Beaufort St, Providence, RI, 02908

$339,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $130 per day and long-term for an average of $2,850 per month, based on similar listings in the area. Estimated short-term cap rate of -1.0%. Estimated long-term cap rate of 2.2%. Welcome to your new home in the Mount Pleasant neighborhood of Providence. This splendid colonial residence is a timeless gem in need of some updates offering a perfect blend of classic architectural elegance and modern comfort. With 8 spacious rooms, 4 bedrooms with hardwood floors, and 1.5 bathrooms, this 2,000-square-foot colonial is a haven of style, convenience, and relaxation. Upstairs, you'll find the four generously sized bedrooms. The primary bedroom is a sanctuary of comfort and relaxation, with plenty of space for a king-sized bed, and a walk-in closet, next to a full bathroom. The remaining three bedrooms offer versatility, providing ample room for guests, children, or a dedicated home office space. The sale is subject to probate court approval.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$5025
Bedrooms
4
Bathrooms
2
SQFT
2,001
Furnished
unknown
Year built
1910
Listing Status
Off Market
MLS
1350072

Short-term Rental Potential
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$23,280

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$169

Price/SQFT

Long-term Rental Potential
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$34,200

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,850/mo

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