About This Home
This 5-bedroom, 3-bathroom residential multi family at 61 Douglas Avenue in Providence, RI is listed for $550,000 ($155 per sqft). Built in 1930, the home offers 3,552 sqft of living space on a 0.07 acres lot.
Key Features
- Built in 1930
- 0.07 acre lot
- 2 parking spaces
Property Details
Amenities
Fully leased and income-producing 3-family in Providence offering immediate cash flow for investors or an excellent future owner-occupant opportunity. All three units are currently rented, generating strong rental income from day one. The property features spacious layouts, abundant natural light, a full unfinished basement with washer and dryer providing excellent storage, and separately functioning residential units.
Conveniently located along Douglas Avenue with quick access to Downtown Providence, Providence College, Rhode Island College, Route 146, I-95, I-295, shopping, restaurants, and public transportation. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this is a strong opportunity in a high-demand rental market.
Monthly Cost Estimate
$2,942/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
61 Douglas Avenue
Providence, RI 02908
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 61 Douglas Avenue is listed at $550,000 ($155/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 1930, 0.07 acre lot, 2 parking spaces.
This property is listed by Kyle Seyboth and can be reached at 5087263492.
