Off-Market Condo at 1000 Providence Pl, Providence, RI 02903

1000 Providence Pl, Providence, RI 02903

Unit - #305

$330,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $136 per day and long-term for an average of $2,330 per month, based on similar listings in the area. Estimated short-term cap rate of 2.2%. Estimated long-term cap rate of -0.6%. Modern City Condo at The 903. This stylish one-bedroom unit features a versatile den perfect for a home office, guest room, or creative studio. The open-concept living area is flooded with natural light and opens onto a private balcony with stunning south-facing city views. The kitchen is equipped with stainless steel appliances and an island for extra seating. The spacious primary bedroom is located next to a full bathroom and a laundry closet for ultimate convenience. Enjoy premium amenities, including 24-hour concierge service, garage parking, a seasonal pool, sauna, fitness center, private movie theater, and a dog park. Conveniently located near highways, the train station, hospitals, and great restaurants, this condo offers the perfect urban lifestyle!

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$401
Rental Policy
daily
Yearly Taxes
$4101
Bedrooms
1
Bathrooms
1
SQFT
796
Furnished
N/A
Year built
2003
Listing Status
Off Market
MLS
1379806

Short-term Rental Potential
arrow_drop_up

$37,140

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$414

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$27,960

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,330/mo

Rent