664 Plainfield Street
664 Plainfield Street
$1,100,000
6
4
12,504
12,504
$88
Description
Incredibly rare investment opportunity in Providence, a unique dual-building parcel. Nestled in the heart of Providence, this exceptional property presents a rare chance for discerning investors. Boasting two distinct buildings on a single lot, this offering combines immediate income potential with future growth prospects. The first building is completely occupied, housing 2 commercial units and 3 residential dwellings. Meanwhile, the second building is currently in the construction stage, about...Incredibly rare investment opportunity in Providence, a unique dual-building parcel. Nestled in the heart of Providence, this exceptional property presents a rare chance for discerning investors. Boasting two distinct buildings on a single lot, this offering combines immediate income potential with future growth prospects. The first building is completely occupied, housing 2 commercial units and 3 residential dwellings. Meanwhile, the second building is currently in the construction stage, about 70% completed and will also have 2 commercial units with 4 residential dwellings. With a total of eleven units spread across both buildings, the potential for substantial profitability is undeniable. The completed, corner building includes 3 three-bedroom units that are updated and properly maintained with 2 storefront units currently operating. Unfinished building pro forma rent is $9,000. NOI is $160,000. Seize this opportunity to diversity your portfolio and capitalize on Providence's real estate market.
- Listed by Kyle Seyboth • Century 21 The Seyboth TeamP: 508-726-3492 kyle@seybothteam.com
Amenities
- Baseboard Heating
- Basement
- Ceramic Floors
- Full Basement
- Gas Heat
- Hot Water Heating
- Laminate Floors
Location
LISTING UPDATED: 04/29/2024 01:00 AM
Property Details for 664 Plainfield Street
Status | Active |
---|---|
MLS # | 1353690 |
Days on Market | 60 |
Taxes | $18,966 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi Family |
Year Built | 1909 |
Lot Size | 0.12 AC / 5,227 SF |
County | Providence County |
Location
Building Information for 664 Plainfield Street
Stories-Residences4Year Built1909Building Size-Lot Size0.12 AC / 5,227 SF
Payment Calculator
$7,584 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 664 Plainfield Street
Property History for 664 Plainfield Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 664 Plainfield Street
Taxable ValueLand$86,300Additions$173,400Total$259,700
Home Facts
Baths2Total Finished SqFt3,947 SqFtAbove Grade Finished SqFt3,947 SqFtStories3Lot Size5,040 SqFtStyleOffice BuildingYear Built1909ZoningC-1CountyPROVIDENCEAPNPROV M:110 L:33
Schools near 664 Plainfield Street
This home is within Providence School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 1 | |||
Public - | PK to 4 | |||
Public - | PK to 5 | |||
Public - | K to 1 |
Rating | School | Distance |
---|---|---|
Charles N. Fortes Elementary School PublicPK to 1 | ||
asa messer elementary school PublicPK to 4 | ||
Anthony Carnevale Elementary School PublicPK to 5 | ||
Frank D. Spaziano Annex Elementary School PublicK to 1 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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