194 Vermont Ave, Providence, RI, 02905

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $291 per day and long-term for an average of $2,683 per month, based on similar listings in the area. Estimated short-term cap rate of 4.0%. Estimated long-term cap rate of 0.2%. With a freshly painted exterior, this bright and open 4-bedroom, 2-bathroom Colonial with gleaming hardwood floors throughout puts you exceptionally close to Roger Williams Park with its famous zoo and carousel, as well as the Johnson & Wales Harborside campus. Pull into the driveway with a one-car detached garage before stepping up the front steps and into a sun-drenched enclosed front porch with new flooring. Enjoy close to 1400 square feet of above grade living space stretching from the high ceilings of the front entry and the living room to a tile-backsplash kitchen with luminous sliding glass doors opening out to a railed rear deck. Let parties spill out into the private, fenced-in backyard offering privacy and quiet even in the hustle and bustle of Providence. A full 700 square foot finished basement with a separate entrance lets you customize to your needs, while a 4-year-old roof provides the sturdy, secure feeling of home sweet home. Nearby Pawtuxet Village is full of boutiques, marinas, and other coastal charms. Experience the West Side of Providence’s unique culture and cuisine minutes away, including Seven Stars Bakery, Ogie’s Trailer Park, and The Avery. Downtown Providence is close by as well, offering the excitement of WaterFire, theater, and sporting events.