195 Bay View Ave, Providence, RI 02905

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 $2,120 per month, based on similar listings in the area. Estimated short-term cap rate of 4.5%. Estimated long-term cap rate of -0.9%. Welcome to this well maintained three-bedroom Cape Cod home, perfectly situated in the heart of it all! This charming residence boasts several recent upgrades, including new vinyl siding and beautiful stone work, which enhances its curb appeal, and beautiful hardwood floors throughout that add warmth and character to every room. As you step inside, you'll find a spacious living room filled with natural sunlight, creating an inviting space for relaxation and gatherings. The 3 bedrooms cater to comfortable living, accommodating families or guests with ease. This property also features a converted garage, offering the perfect workshop for hobbyists or a versatile space that can easily be used as a one-car garage. The fenced backyard provides a private outdoor oasis, ideal for gardening, entertaining, or enjoying peaceful moments. Conveniently located with easy access to Johnson & Wales University and the vibrant shops and restaurants along with a Marina and More, this home places you at the center of it all in the charming community of Pawtuxet Village and all of the thriving parts of downtown Providence. Don't miss the opportunity to make this wonderful home your own!