1000 Providence Pl, Providence, RI 02903

Unit - #106

$429,000

❮ ❯

Image of property at 1000 Providence Pl, Providence, RI 02903

Description

Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $142 per day and long-term for an average of $3,190 per month, based on similar listings in the area. Estimated short-term cap rate of -1.0%. Estimated long-term cap rate of 0.2%. Don't miss this opportunity to own an updated first floor 2 bed, 2 bath condo in the highly sought after 903 Residences in Providence! This one-of-a-kind unit boasts a private fenced patio--perfect for morning coffee, outdoor dining, or easy access to the parking garage and on site dog park. Since 2019, this condo has been thoughtfully upgraded with sleek black granite countertops, an oversized sink with filtered drinking water, and luxury vinyl plank flooring throughout. The primary bedroom features a custom designed spacious walk-in closet, while both bathrooms shine with modern granite countertops. Amenities include two side by side assigned garage parking spaces, a 24-hour fitness center, an outdoor pool and spa, a movie theater, a community room, and 24-hour security. Plus, water and sewer are included in the monthly HOA fee. Located in a prime, walkable area, you'll have quick access to the Providence Riverfront, commuter rail, Amtrak, major highways, top hospitals, and universities.

Property Information

Airbnb Avg Daily	See Full Details
Occupancy Rate	See Full Details
Monthly HOA	$542
Rental Policy	daily
Yearly Taxes	$3468
Bedrooms	2
Bathrooms	2
SQFT	1,076
Furnished	N/A
Year built	2003
Listing Status	Active
MLS	1379297