Off-Market Property at 72 Taber Ave, Providence, RI, 02906
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72 Taber Ave, Providence, RI, 02906

$899,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $876 per day and long-term for an average of $12,000 per month, based on similar listings in the area. Estimated short-term cap rate of 7.9%. Estimated long-term cap rate of 8.1%. Step into this exquisite residence at 72 Taber Ave, which boasts architectural charm and character that speaks to its timeless and historic significance. This unique oversized property features 5 bedrooms, 3 bathrooms spread across 3 levels of living. Let your imagination take you to endless bounds, offering both ample space for relaxation and entertaining. The main level features a gracious foyer leading to elegant living and dinning room areas that have ornate moldings and oversized windows that give amazing views and natural sunlight. The beautiful wide staircase leads to a generous open hallway and premium size bedrooms perfect for all furniture. Heading to level 3, provides an additional 2 bedrooms, enormous bathroom or convert to a second kitchen area. The third level could be the perfect Master-Suite Paradise! This historic home provides the most charming sunroom, a deep integrated 2 car garage and the perfect garden beds. The possibilities are endless to modernize this breathtaking property, the location of the East Side of Providence / Wayland Square does not get any better, and your walkability and accessibility to prime restaurants, shops, walking and bike paths, university/college convenience, and highway access gets no better. Make this house your home! Call to set up a private appointment today.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$13463
Bedrooms
5
Bathrooms
4
SQFT
2,724
Furnished
unknown
Year built
1897
Listing Status
Off Market
MLS
1355647

Short-term Rental Potential
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$142,392

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$330

Price/SQFT

Long-term Rental Potential
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$144,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$12,000/mo

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