21 Joy St, Providence, RI 02908

$649,900

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Image of property at 21 Joy St, Providence, RI 02908

Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $386 per day and long-term for an average of $2,748 per month, based on similar listings in the area. Estimated short-term cap rate of 1.7%. Estimated long-term cap rate of -2.2%. This perfect turn-key Duplex is located in the desirable Elmhurst area of Providence on a quiet, dead-end street. This two-unit beauty offers 2br, 1ba in each unit, which has been renovated to perfection and has space in the basement for future ADU potential. Walking into the home, you will appreciate its open floor plan, which gives the feel of being much larger than it is, aside from its sizeable bedrooms and open and eat-in kitchen. Both kitchens have modern appliances, quartz countertops, and laminate flooring. The bedrooms are light and bright, and with a modern bathroom comes a Bluetooth-ready vanity. Conveniently walking distance to Providence College, and close to RIC and LaSalle Academy. Minutes to the RIPTA Bus stop on Smith Street, all major hospitals, including the VA, downtown, State Offices, train station, the city's shopping, dining, and entertainment. Fantastic owner-occupy or investment opportunity! Must see!

Property Information

Airbnb Avg Daily	See Full Details
Occupancy Rate	See Full Details
Monthly HOA	$0
Rental Policy	daily
Yearly Taxes	$5736
Bedrooms	4
Bathrooms	2
SQFT	1,920
Furnished	N/A
Year built	1950
Listing Status	Active
MLS	1378763