98 Penn Street Providence, RI 02909

Other MLS #: 1387000 Courtesy Of Westcott Properties Inc

Property InformationDescription

Prime Multi-Family Investment Opportunity 98, 100, & 102 Penn Street, Providence, RI An exceptional investment opportunity on Providence s sought-after West Side, this portfolio consists of three adjacent multi-family properties, offering strong income potential, ease of management, & future condo conversion possibilities. **98 Penn Street is a well-maintained three-family home featuring three two-bedroom, one-bath units with hardwood floors, architectural details, & updated mechanicals. Long-term tenancy has kept rents below market, creating immediate value-add potential.**100 Penn Street is a newer construction two-family home with immaculate, modern units featuring spacious layouts & contemporary finishes. A low-maintenance investment with strong rental appeal, this property offers turn-key efficiency.** 102 Penn Street is a large three-family property featuring two three-bedroom, one-bath units & one two-bedroom, one-bath unit. The building has a maintenance-free exterior, updated interiors, & ample off-street parking. ** With long-term occupancy, below-market rents, & strong appreciation potential, these properties generate immediate cash flow with significant upside. Conveniently located between Atwells Avenue & Broadway, tenants benefit from easy access to downtown Providence, the East Side, hospitals, highways, & the train station. **A rare opportunity to acquire a well-positioned, income-producing portfolio in one of Providence s most vibrant neighborhoods.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Frame
  • MLSID: 1387000
  • Parking Spaces: 6

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98 Penn Street, Providence, RI 02909
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