$1,650,000
Active
25 Days Online
15 Beds7 Baths4,671 SQFT
Active

71 Olney Street Providence, RI 02906

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**The property is being sold in a package with 173 Prospect St, MLS#1360296. Both properties must be purchased together, total price $3, 300, 000** 173 Prospect Street and 71 Olney Street present a unique turn-key investment opportunity with 30 Bedrooms and 14 bathrooms, primarily rented to graduate students from Brown University, RISD, and JWU. Both properties have been renovated with new electrical service and wiring, plumbing, HVAC, hardwired sprinkler system and alarm system, new kitchens, appliances, and bathrooms. 8 parking spaces. These units are fully furnished and rented by the bedroom, each individual lease is co-signed. This is a great addition to any portfolio. Conveniently located near the Universities, Whole Foods, and highway.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyProvidence
  • Taxes$18,419
  • HOA/Condo/Coop Fees$0
  • Days on Site25 Days
  • MLS StatusActive
  • MLS ID Number1360300
  • Home Size Source Public Records
  • Year Built1920
  • Lot Size0.0644 Acres
  • Full Baths7
  • Partial BathsN/A

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General Features

  • Construction Wood Siding
  • Parking No Garage
  • Parking Spaces 4
  • Sewer Public Sewer
  • Electric 200+ Amp Service
  • Basement FullInterior EntryUnfinished
  • Number of Stories 0
  • Acreage 0.0644
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Stone
  • Zoning R-3

Interior Features

  • Cooling Central Air
  • Heating Forced AirGas
  • Appliances Electric Water Heater
  • Flooring Hardwood
  • Fireplaces 0
  • Fireplace No

Community Features

  • Senior Community No

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Monthly Payment (Est.)

$8,667
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