Sold

Closed

62 John Street

Providence RI, 02906

$3,600,000


$238.46 per sqft

Sold

Closed

15,097 sqft

Commercial

Built in 1900

The properties on John St consist of 5 houses on 4 separate contiguous lots. All of the multi family homes were completely renovated in 2019 and all have new windows, electrical, plumbing, kitchens, baths, flooring and much more. This unique opportunity presents a once in a lifetime opportunity for the savvy investor. All of the properties are leased out for this year and for the 2023-2024 school year so there is nothing to do but collect rent. Each of the houses has storage areas, laundry rooms with coin op laundry and a separate area for tools and maintenance. There is parking on-site for 18 cars which you don't often see on College Hill. The properties are only a short walk to Brown and Wickenden St. They have a strong rental history with Brown Students and this year with no marketing were all leased out for the following year during the month of September. The rents are strong but there is also room to go up in the future. There are 4, 3 Bedroom apartments, 5, 4 bedroom units and a 5 bedroom apartment. Don't miss out on this multi generational opportunity!

1326829

MLS ID

December 16, 2022

Listed

November 22, 2024

Updated

Map

62 John Street
Providence RI, 02906

Interior Features

Total Stories

0


Laundry Description

Laundry Room


Fireplace

No


Cooling

Yes


Cooling Description

Ductless


Heating

No

Exterior/Building Features

Lot Size

0.92 Acres


Lot Features

Historic District


Sewer

Connected

Other Property Details

Taxes

$52,826


Tax Frequency

Annually


Days on Market

89


Garage

No


Parking Total

18


View

No


County

Providence


Pool

No

 

Courtesy of Lenox Realty Group

The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.

©2024 State-Wide MLS, Inc. All rights reserved.

Data last updated 7:42 PM UTC, 11/22/2024.

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