About This Home

This 5-bedroom, 3-bathroom residential multi family at 171 Lyon Avenue in East Providence, RI is listed for $550,000 ($217 per sqft). Built in 1920, the home offers 2,532 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1920
  • 0.12 acre lot
  • 3 stories
  • 6 parking spaces

Property Details

3 stories
3 full
6 spaces
1920
Listing Description

This professionally managed multi-family property is truly turnkey, with updated cosmetics that minimize immediate capital expenses. It features separate utilities and natural gas. The property offers ample off-street parking plus a rare three-car garage, creating an additional income opportunity through garage rentals or tenant storage. Two of the units are currently on month-to-month leases, providing flexibility for investors looking to adjust rents or owner-occupants seeking future occupancy.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

171 Lyon Avenue

East Providence, RI 02914

Features & Amenities

Interior Features

StairsPlumbing (Mixed)

Property Details

Flooring

Laminate

Construction

Vinyl Siding

Heating

SteamBaseboardNatural Gas

Appliances

Oven/RangeRefrigerator

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 171 Lyon Avenue is listed at $550,000 ($217/sqft). The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.12 acre lot, 3 stories, 6 parking spaces. Interior Features: Stairs, Plumbing (Mixed).

This property is listed by List with Lyon Team and can be reached at (401) 649-2358.

LT

List with Lyon Team

Agent at Here Realty

(401) 649-2358

Listed by Here Realty · View on Broker Site

MLS# 1418486· Source: listhub· 1 day on market

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171 Lyon Avenue, East Providence, RI 02914

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