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809 Charles St, Providence, RI 02904

7 Bed, 4 Bath Multi-Family Home For Sale

809 Charles St, Providence, RI 02904 House For Sale - MLS #1214035
Sold
$289,900
7
4
Multi-Family
4 Family
Listed By: Lenox Realty Group

Property Description for 809 Charles St, Providence, RI 02904

Located conveniently on the North Providence / Providence line is this large 4 unit building with off-street parking for 5 cars. This investment opportunity includes a street-side commercial space and three residential units with full unfinished basement in the rear. Updated mechanicals include the approved interconnected local fire box, forced air system for first floor and updated electrical. Each residential unit centers off the updated eat-in kitchen with living room and two bedrooms adjacent. Updated double-pane vinyl windows, refinished hardwood floors, and tile throughout. The exterior has just been completely updated with foam board insulation and new vinyl siding installed over it. Rent roll of $3250 per month (assuming 1st floor rented at $900) or $39000 per year (with ability to increase rents) make this a solid positive cash flow investment opportunity for both owner occupant buyer to live on first floor residential space or non-owner occupied investor with tenant on lease for $900.

Interior Details

2,790 sq. ft.
$103.91/sq. ft.
18
Connected
Common Meter; Connected

Exterior Details

0.07 acres
3,200 sq. ft.
5
Mixed

Other Details

1214035
1940
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Monthly Mortgage Payments

$1,317
$1,834

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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