East Side Investment Properties Hit the Market, See Three Multifamily Homes For Sale

The folks at Mott & Chace Sotheby’s International offer a range of East Side of Providence investment properties.

These three multifamily momes are offered for sale from $599,000 to $899,000.

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52 Cole Avenue | East Side of Providence | $745,000
Listed by Lise Holst

Very special well-maintained 3-family in a prime location on Cole between Lloyd and President. Three spacious and bright units with lovely period details and extensive updates. The 1st and 2nd-floor units feature fireplaced living rooms, dining rooms with built-ins, updated kitchens and baths and two good-sized bedrooms each. The 3rd floor unit offers a living room, three bedrooms and a delightful sunny new eat-in kitchen with views out over the neighborhood. Hardwood floors throughout, replacement windows, new roof, freshly painted exterior, new backyard patio. Hard-wired for smoke/co. Parking for 4+ cars. This outstanding property is perfect for owner-occupiers or investors.

232-234 Williams Street | East Side of Providence | $899,000

Listed by The Blackstone Team

232-234 Williams is a legal three-family home with 11 bedrooms and 4 bathrooms that is within close proximity to Brown University, Rhode Island School of Design, Wickenden Street, Downtown Providence and Narragansett Bay. Every local amenity is at your fingertips–within a short walk. The home is currently an investment property, but could also make for a beautiful owner-occupied house where the tenants help pay your mortgage. 1st, 2nd, and 3rd floors are identical in layout–all 1400 sqft 3 bed 1 bath units with large kitchens, double parlors and outdoor porches. The 1st and 2nd floors will be delivered vacant by closing. Rent potential depending on finishes are between $2200 and $2800/month each. The 3rd floor needs updates due to a long-term tenant, who will vacate by mid-October. The 4th floor is a stunning 1100 sqft 1 bed 1 bath suite–modernly updated and finished. 3rd and 4th floors could be easily added together for a 2,500 sqft 4 bed 2 bath owners’ unit. Heat for each unit is separate forced hot air. Parking for 4 cars. Exterior has recently been reshingled and painted.

80 -82 Eighth Street | East Side of Providence | $599,000

Listed by Kim Marion

This immaculate two-unit home on the East Side of Providence is an absolute gem. Both units are spotless! The totally updated first-floor has two large bedrooms, one full bath, living room, and large dining room as well as lots of storage. The kitchen is modern with contemporary stainless appliances. Upstairs you have even more space with three bedrooms, a home office, full bath, living room, dining room, and a quaint enclosed screened porch. Both units have lovely hardwood floors, no refinish needed and laundry is individual in the basement. We have already completed a home inspection so you can buy this property with no worries. Enjoy the short walk to all of the restaurants and shops on Hope Street! Close to the best private schools, universities, and hospitals. Newer mechanicals, central AC, and its superb condition make this building one you would be proud to live in, or own as an investment property that will pay you back for years to come.