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Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $217 per day and long-term for an average of $2,070 per month, based on similar listings in the area. Estimated short-term cap rate of -0.8%. Estimated long-term cap rate of -3.8%. Experience the charm of historic living in the highly desirable Fox Point neighborhood with the Ebenezer Shedd House, recognized by the Providence Preservation Society as a significant piece of Providence's rich history. Dating back to 1845, this colonial gem offers 2 bedrooms, 1 full bathroom, and a cozy 750 sq. ft. of living space, creating an intimate and inviting atmosphere. The home features original hardwood floors, updated modern appliances, replaced windows, flooding the interior with natural light and offering glimpses of the picturesque College Hill neighborhood. The roof has been recently replaced, and the freshly painted exterior reflects a careful balance of historic preservation and modern functionality. Inside, enjoy the added comfort of a brand new boiler and hot water heater. Step outside to an adorable outdoor yard space an ideal retreat for relaxation or entertaining, adding another layer of charm to this historic residence. Located in the heart of Fox Point, you're within walking distance of highly acclaimed dining options such as Aguardente, Persimmon, and Tallulah's Taqueria, as well as the vibrant Wickenden Street. Convenience is key with nearby grocery stores, including Trader Joe's and Whole Foods. You'll also be just moments away from historic sites and world-class educational institutions like Brown University and the Rhode Island School of Design.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $8633 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 741 |
Furnished | N/A |
Year built | 1845 |
Listing Status | Active |
MLS | 1379333 |