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Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $207 per day and long-term for an average of $2,800 per month, based on similar listings in the area. Estimated short-term cap rate of -2.2%. Estimated long-term cap rate of -2.5%. Looking for that perfect Pied-a-terre? Then this beautiful unit at The Residences is for you! Located on the 19th floor with views of the Statehouse, this stunning apartment has a decidedly European flair. The open living area has a wall of glass looking over the city scape. A well-equipped kitchen has stone counters, stainless appliances and wood cabinetry. The oversized bedroom has equally enchanting city views and a large walk-in closet. The capstone is an 86 SF balcony connecting the public and private living spaces. The perfect spot to watch the world go by. A large bath with double vanity, soaking tub and a walk-in glass shower plus in-unit laundry complete the amenities in this wonderful condominium unit. An assigned parking space in the garage, a gym and pool plus secure access to the hotel and shopping mall next door make for easy living. The exceptional full-service concierge, only available at The Residences, distinguishes this building from any other in Downtown Providence. Come be part of the DownCity experience.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $871 |
Rental Policy | daily |
Yearly Taxes | $3071 |
Bedrooms | 1 |
Bathrooms | 1 |
SQFT | 783 |
Furnished | unknown |
Year built | 2007 |
Listing Status | Off Market |
MLS | 1356248 |
