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