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147 - 149 Hudson St, Providence, RI 02909

Multi-Family Home For Sale

147 - 149 Hudson St, Providence, RI 02909 House For Sale - MLS #1187083
$489,000
Multi-Family
3 Family
Listed By: The Greene Realty Group

Property Description for 147 - 149 Hudson St, Providence, RI 02909

INVESTOR'S DREAM! TURNKEY W/ $68,000 ANNUAL GROSS INCOME. NET CASHFLOW PROFITS OF OVER $26,000 ANNUALLY FOR 10% CAP RATE AND 21% ROI. LONG TERM LEASES THRU FALL 2019. APPROX 3,971 FINISHED SQ FT WITH 11 BEDROOMS + 4 BATHS. ALL 3 UNITS W/ SPACIOUS KITCHENS INCLUDING DISHWASHERS, LARGE LIVING ROOMS, BALCONIES AND LOTS OF WALK IN CLOSETS. UPDATED HEATING SYSTEMS. INCLUDES LARGE OFF STREET LOT WITH PARKING FOR 7 - 9 CARS. **GET A LARGE PORTION OF YOUR PROFITS UPFRONT AT CLOSING!** APPROX. $18,000 IN ALREADY COLLECTED PRE-PAID RENTS, DEPOSITS, ETC TO TRANSFER TO BUYER (EXACT AMT TO BE VERIFIED BASED ON CLOSING DATE)

Interior Details

4,651 sq. ft.
$105.14/sq. ft.
18
Connected
Common Meter; Connected
Attic Storage; Stairs

Exterior Details

0.07 acres
3,049 sq. ft.
9
Brick; Concrete; Stone

Other Details

1187083
1925
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(20%)

Monthly Mortgage Payments

$2,221
$3,094

Town Description

The area which is now Providence was first settled in June 1636 by Roger Williams, and was one of the original Thirteen Colonies of the United States. Although the west bank of the Providence River...

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