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31 Putnam ST Providence, RI 02909
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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $190
Subdivision Olneyville
MLS Listing ID 1341994
Sold Date 09/22/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 2,232
Year Built 1920
Annual Tax Amount $5,516
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Property Description
Don't miss out on this unique opportunity to own a cash flow positive property. This exceptional investment opportunity pays for itself! Great for owner occupied too with its strong financial returns. In a market when homeownership is difficult, this is the exception with an impressive annual cash flow. Paved driveway & lot with a small garden & concord grape trellis. With all the hustle & bustle of city life where there's good eating & conveniences around the bend. Entertainments & nightlife a stone throws away. A quick drive to Federal Hill & downtown. Easy access to I95, route 10 & route 6. Big lot for entertainment at home or plenty of off-street parking, especially during snow ban. Current owners are at a point of peace & entertainment watching the grass grow. But this is your opportunity. Live rent free in 1 unit & rent the other. You'll even have excess to invest or spruce up the place, it would glam with a little touch up. Quiet, respectful tenants who pays, tops the cake!
Location
State RI
County Providence
Community Olneyville
Rooms
Basement Exterior Entry, Full, Interior Entry, Unfinished
Interior
Interior Features Attic, Permanent Attic Stairs, Tub Shower
Heating Baseboard, Gas
Cooling None
Flooring Hardwood, Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Water Heater
Laundry Common Area
Exterior
Exterior Feature Paved Driveway
Fence Fenced
Community Features Highway Access, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
Total Parking Spaces 6
Garage No
Building
Lot Description Paved
Foundation See Remarks
Sewer Public Sewer
Water Public
Structure Type Drywall,Plaster,Wood Siding,Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 31PUTNAMSTPROV
Financing Cash
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