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344 Benefit ST Providence, RI 02903
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Key Details
Sold Price $1,575,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,580 sqft
Price per Sqft $239
Subdivision East Side/College Hill
MLS Listing ID 1312426
Sold Date 08/29/22
Bedrooms 9
Full Baths 5
HOA Y/N No
Abv Grd Liv Area 6,580
Year Built 1826
Annual Tax Amount $17,347
Tax Year 2022
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Stunning Italianate style (legal three family) in the heart of College Hill on historic Benefit St. This property has a solid rental history with both Brown and RISD and is fully leased through 5/30/2023. The 1st and 2nd floors have been combined to create a townhouse style unit with 5 large beds and 3 baths; The entire 3rd floor is a huge 3 bed 1 bath unit; and the 3rd unit is a garden level 1 bedroom 1 bath unit with exposed brick and beams, views of the city, and direct access to the shared outdoor brick patio. Many updates in and out make this the perfect property to add to your portfolio. Tenants enjoy in-unit laundry, a large deck overlooking the cityscape, and off-street parking for 2 cars. Rents include gas/electric with a cap of $150. NOI $85,000 Total Rents $120,000.
Location
State RI
County Providence
Community East Side/College Hill
Zoning R2
Rooms
Basement Exterior Entry, Full, Interior Entry, Partially Finished
Interior
Interior Features Skylights, Tub Shower
Heating Central, Gas
Cooling None
Flooring Ceramic Tile, Hardwood, Other
Fireplaces Number 2
Fireplaces Type None
Fireplace No
Window Features Skylight(s)
Appliance Gas Water Heater
Laundry In Unit
Exterior
Exterior Feature Porch
Fence Fenced
Community Features Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
Utilities Available Sewer Connected
Waterfront Description Walk to Water
Porch Porch
Total Parking Spaces 2
Garage No
Building
Foundation See Remarks
Sewer Connected, Public Sewer
Water Public
Structure Type Drywall,Brick,Clapboard
New Construction No
Others
Senior Community No
Tax ID 344BENEFITSTPROV
Financing Conventional
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