59 DePasquale AVE Pending

Providence,RI 02903

$ 1300000

4 Beds

2 Baths

3507 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,507 sqft

Price per Sqft $370

Subdivision Federal Hill / Depasquale Plaza

MLS Listing ID 1361408

Bedrooms 4

Full Baths 2

Year Built 1900

Annual Tax Amount $14,847

Tax Year 2023

Lot Size 2,299 Sqft

Property Description

Three unit mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (Green building in photos). 3 total units consisting of a well established restaurant with long term tenant in place $4,000 mo (with incremental increases) as well as 50% of tax, water and sewer bill. There are 2 additional 2 bed one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants, baseboard heat, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. Third floor unit has loft space and private deck. See MLS 1361351 for listing on blue property next door. Properties may be purchased separately.

Location

State RI

County Providence

Community Federal Hill / Depasquale Plaza

Interior

Heating Forced Air,Gas

Cooling Central Air

Flooring Ceramic Tile,Hardwood,Vinyl

Fireplaces Type None

Inclusions 1st floor pays 1/2 of annual water, sewer, tax bill. Landlord covers wifi, gas and electric for all units. Leases are mo to mo and terms can change

Laundry In Unit

Exterior

Community Features Highway Access,Near Hospital,Public Transportation

Utilities Available Sewer Connected

Building

Foundation Combination

Sewer Connected,Public Sewer

Water Connected,Public

Structure Type Drywall,Other

New Construction No

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