658 Wickenden St, Providence, RI 02903

$450,000

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Image of property at 658 Wickenden St, Providence, RI 02903

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $209 per day and long-term for an average of $1,850 per month, based on similar listings in the area. Estimated short-term cap rate of 2.8%. Estimated long-term cap rate of -2.7%. This is Wickenden Street! Own part of the coolest neighborhood in all of Providence and the northeast! Walking distance to everything. Steps from all of the hippest shops, restaurants, bars, breweries, clubs, and grocery stores as well as the best higher learning institutions like Brown and RISD and great outdoor space like india point park, east bay bike path, and newly built walking path. Surround yourself in the vibrance that is Fox Point! This 2 bedroom, 1 bath cottage could just be the right fit for you! Great condo alternative and one of the last single families in the area! Enjoy a carefree, low maintenance lifestyle without the high HOA fees. Parking for 2-3 cars and personal patio space out back along with extra rooms and storage in the basement. Add that to the super convenient highway access and this property is a no-brainer. Low, low maintenance cost and taxes too! This home has been updated by the current owners but feel free to add your own personal touch without breaking the bank. Come by and check it out for yourself!

Property Information

Airbnb Avg Daily	See Full Details
Occupancy Rate	See Full Details
Monthly HOA	$0
Rental Policy	daily
Yearly Taxes	$5406
Bedrooms	2
Bathrooms	1
SQFT	891
Furnished	N/A
Year built	1900
Listing Status	Active
MLS	1372681