About 664 Plainfield St
Incredibly rare investment opportunity in Providence, a unique dual-building parcel. Nestled in the heart of Providence, this exceptional property presents a rare chance for discerning investors. Boasting two distinct buildings on a single lot, this offering combines immediate income potential with future growth prospects. The first building is completely occupied, housing 2 commercial units and 3 residential dwellings. Meanwhile, the second building is currently in the construction stage, about 70% completed and will also have 2 commercial units with 4 residential dwellings. With a total of eleven units spread across both buildings, the potential for substantial profitability is undeniable. The completed, corner building includes 3 three-bedroom units that are updated and properly maintained with 2 storefront units currently operating. Unfinished building pro forma rent is $9,000. NOI is $160,000. Seize this opportunity to diversity your portfolio and capitalize on Providence's real estate market.
Pricing and availability subject to change.
Amenities
Utilities |
Sewer Connected
|
Parking |
No Garage
|
Garages |
No Garage
|
Is Waterfront |
No
|
Has Pool |
No
|
Interior
Interior |
Ceramic Tile, Laminate
|
Appliances |
Water Heater
|
Heating |
Baseboard, Gas
|
Cooling |
None
|
Fireplace |
No
|
Has Basement |
Yes
|
Basement |
Finished, Full, Interior Entry
|
Exterior
Exterior |
Vinyl Siding
|
Construction |
Vinyl Siding
|
Listing Details
Office | Century 21 The Seyboth Team |