Turnkey 6-Unit Multifamily on Corner Lot Strong Investment Opportunity! Discover this well-maintained 6-unit multifamily property situated on a desirable corner lot in Providence. A stable asset with all 1-bedroom units, this property boasts updated mechanicals, a newer roof, and a brand-new deck ensuring long-term durability and minimal upkeep. With all tenants currently on month-to-month leases, investors have the flexibility to adjust rents or reposition the property as needed. Whether you're looking to expand your portfolio or secure a steady income-producing asset, this multifamily property presents a strong return potential in a great location. Don't miss out schedule your showing today!
Furnished Remarks:
Unfurnished
Permitted Use
Investment,Multi-Family,Residential
Utilities
Electricity Available,Natural Gas Connected,Municipal Utilities,Water Connected,Sewer Connected
Lot Description:
Corner Lot
Amenities:
Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
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Listing courtesy of Prime Time Properties, Inc. Phone: 401-454-1300
41 Yale Avenue, Providence, RI, 02908
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
