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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $431 per day and long-term for an average of $4,150 per month, based on similar listings in the area. Estimated short-term cap rate of 3.0%. Estimated long-term cap rate of -2.1%. Great owner-occupied and investment opportunity awaits the new owner of this attractive 3-unit building situated between Brown University and Wayland Square in Fox Point on Providence's East Side. The 1st and 2nd level units each feature a large south facing bay window that lets sunlight fill the living room with its gleaming wood flooring while the unique layout of the charming 3rd floor unit offers ideal spaces for home office/study options. Each unit has a large eat-in kitchen with separate pantry. Owner and tenants alike will appreciate the spacious rear yard with paver patio and large separate garden area. Plenty of off-street parking is provided by the 2-car garage with door opener as well as the 3 additional unobstructed parking spaces. Once you tour this centrally located special property near the bike path, waterfront, Wayland Square and Brown University you will want to make it your own.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $11476 |
Bedrooms | 5 |
Bathrooms | 3 |
SQFT | 2,616 |
Furnished | unknown |
Year built | 1900 |
Listing Status | Off Market |
MLS | 1357139 |
