14 16 Phillips Street, Providence, RI, 02906
14 rooms
5 beds
3 Full baths
1902
Fantastic three-family investment opportunity in Providence's East Side, steps from Hope Street, Brown University, RISD, and the Observatory. This fire-code-compliant, well-maintained property offers zero vacancy history and strong rental potential with below-market rents an opportunity for immediate upside. Two spacious 2-bedroom, 1-bath units featuring double parlors, decorative fireplaces, and plenty of living space. Top-floor 1-bedroom unit is light-filled and expansive, offering a unique and desirable layout. Low-maintenance vinyl siding, coin-op laundry in basement, and recently serviced boilers. Walk-out basement, dry year-round, just cleaned out and ready for new possibilities. Large backyard with potential for additional parking or a shared patio. With tenants on month-to-month leases, this is a prime opportunity to increase rental income in a highly sought-after location. Turnkey investment with room for value-add improvements.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
3
Zoning:
R2
Subdivision:
East Side
Garage:
No Garage
Heating:
Gas
Cooling:
None
Basement:
Exterior Entry, Full, Interior Entry, Unfinished
Parking:
4-car
Acreage:
0.11
Est. Taxes:
$12,016
Assessment
$654,800
Construction
Drywall,Vinyl Siding
Utilities
Sewer Connected
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
Days on Market:
14
Appliances:
Gas Water Heater
MLS #:
1379004
Community Info
School Info
Walk Score
Mass Transit
Yelp
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