Property Description
Providence College Area Two-Family | Income-Producing | Owner-Occupant or Investor Opportunity
Rare opportunity to own a two-family home in the highly sought-after Providence College neighborhood, where rental demand stays consistently strong. The first floor features an efficient studio-style unit, ideal for generating rental income or creating a private in-law suite for a multi-generational living situation. The second floor, lower level offers a two-bedroom layout. Both units are currently occupied on a month-to-month basis, giving investors immediate cash flow and giving owner-occupants the flexibility to move in or keep a tenant offsetting the mortgage. Minutes from campus, local shops, dining, and major highways, making tenant placement easy and everyday living convenient. Live in one unit and let the other help pay your mortgage, or add a proven rental to your portfolio. Opportunities like this near Providence College don't last. First showing at open house.
Rare opportunity to own a two-family home in the highly sought-after Providence College neighborhood, where rental demand stays consistently strong. The first floor features an efficient studio-style unit, ideal for generating rental income or creating a private in-law suite for a multi-generational living situation. The second floor, lower level offers a two-bedroom layout. Both units are currently occupied on a month-to-month basis, giving investors immediate cash flow and giving owner-occupants the flexibility to move in or keep a tenant offsetting the mortgage. Minutes from campus, local shops, dining, and major highways, making tenant placement easy and everyday living convenient. Live in one unit and let the other help pay your mortgage, or add a proven rental to your portfolio. Opportunities like this near Providence College don't last. First showing at open house.
Overview
Property Type
Multi-family
Location
661 Douglas Avenue, Providence, RI 02908
Year Built
1940
MLS ID
1426198
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
3
Full Bathrooms
2
Flooring
Vinyl
Fireplace
None
Appliances
Oven, Range, Refrigerator
Other Interior Features
Stall Shower
Exterior
Stories
2
Water Source
Connected, Water Assessment(s)
Utilities
Sewer Connected
Lot Features
Paved
Parking
No Garage
Heat Type
Ductless, Electric
Air Conditioning
Central Air, Heat Pump
Sewer
Connected, Sewer Assessment(s)
Details
Total Area
1,680 Sq.Ft.
Neighborhood
Wanskuck
Architecture Styles
Stacked
Financial
Price
$440,000
Real Estate Tax
$4,497/yr
Exclusive Listing Agents