161 Fourth St, Providence, RI, 02906

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $210 per day and long-term for an average of $2,290 per month, based on similar listings in the area. Estimated short-term cap rate of 3.0%. Estimated long-term cap rate of -1.9%. Welcome to your elevated oasis @ Fourth Street Condos – a charming and well appointed, top-floor unit nestled within the heart of Hope Village on the East Side of Providence. A private entry foyer ascends to the spacious, sun-drenched living area highlighted by soaring cathedral ceilings, gleaming hardwood floors, floor to ceiling built-in bookcase, and access to an oversize private outdoor balcony to enjoy morning coffee or dining Alfesco. The main level includes a well-equipped kitchen with granite counters and tons of cabinet storage that is seamlessly connected to a large dining area, making entertaining a breeze whether hosting small or large gatherings. Tucked away from the main living area, the two large bedrooms provide ample space and highlighted by floor to ceiling built-in storage closets. The full bathroom features a deep soaking tub with tiled shower surround and classic pedestal sink. Perched above the main living area is a separate Loft space, the perfect flex space for a home office, gym/studio, or extra bedroom space. Other keynote features include, Central A/C, in-unit washer/dryer, garage parking space, and designated storage space. (A+) location and walk score; steps away from all the local shopping, restaurants + markets along Hope Street Village and Lippitt Memorial Park. Brown University, RISD, as well as Downtown PVD, Train Station, local Hospitals and Highway access are only minutes away, (1hr) commute to Boston. Awesome opportunity and value.