NEWLY LISTED
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$649,000 USD
31 Gilmore Street
Providence, Rhode Island 02907
USA
Providence, Rhode Island 02907
USA
6 bedrooms
3 full baths
Residential For Sale, Multi-Family Home
Land size: 324 m2 ::
3,485 sqft
Sale price per sqm: 0
Tax: 5,466 USD
Remarks:
This well-maintained 6-bedroom 3-bathroom multifamily property presents a strong investment opportunity for both owner occupants and traditional investors. "The Gilmore" is currently operated as a successful short term rental property, generating 6 figure rental income. This property can also be operated as a traditional multi-family rental with estimated rent roll exceeding $57k. This can also be a great opportunity for multi-generational and owner-occupied living while building equity. Recent capital improvements include the installation of two new boilers, blow-in insulation for efficiency, a new water main, and no-maintenance PEX plumbing throughout. If the buyer wishes to continue operating the property as a short term rental, the seller is willing to stay onboard to support the transitional period and offer consulting as part of the transaction. Furnishings, linens, and all fixtures (excluding artwork) are negotiable. Established operational systems, including housekeeping, laundry services, and a dedicated handyman, are in place to support continued operations if the buyer chooses to continue with short term rentals. This property can be delivered as a turn-key short term rental, or vacant and ready for its new owner and tenants.
Features:
- Year Built: 1930
- Building age: 1-5 years old
- Exterior Description: Vinyl Siding
- Appliances: Refrigerator, Microwave, Oven / Range
- Floors: Laminate, Ceramic tile
- Utilities: City water, City sewer
- Heating System: Gas, Baseboard
- Lot Description: Fenced
- Basement and Foundation: Unfinished, Full basement
Location:
31 Gilmore Street, Providence, Rhode Island 02907, USA
Listed By CENTURY 21 Visionary Group
The Residential For Sale, Multi-Family Home located at 31 Gilmore Street, Providence, Rhode Island 02907, USA is currently for sale. 31 Gilmore Street, Providence, Rhode Island 02907, USA is listed for $649,000 USD. This property has 6 bedrooms, 3 full baths. If the property located at 31 Gilmore Street, Providence, Rhode Island 02907, USA isn't what you're looking for, search Rhode Island Real Estate to see other Homes For Sale in Providence.
