Terrific 3-unit in sought-after Summit neighborhood! Property is being sold fully furnished and has a robust Airbnb rental history. 250+ Airbnb reviews give property a 5-star rating! NOI=$73,100 => 12.6% cap rate. If owner-occupied, NOI= ~48K => 8.3% cap rate. Property is very well-maintained with excellent mechanicals, replaced windows, recent electrical, plumbing and copper water service, updated kitchens and baths. Bonus 3-car garage/barn with loft space means added value. Note: If owner-occupied: 2019 tax bill => $5,923. Monthly rents shown are projected market rents for units if rented on an annual basis. Showing times available upon request. Superb opportunity!
Off market
$863,400
122 124 Fifth St, East Side Of Providence, RI 02906
6beds
--sqft
MultiFamily
Built in 1910
-- sqft lot
$863,400 Zestimate®
$--/sqft
$3,469 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric, Gas
Cooling
- None
Appliances
- Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Common, In Building
Features
- Flooring: Hardwood
Property
Parking
- Total spaces: 3
- Parking features: Garage - Detached
Lot
- Size: 4,634 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Utilities & green energy
- Electric: 100 Amps, Circuit Breaker, Individual Meter, 220 Volts
- Sewer: Connected, Municipal
Community & neighborhood
Location
- Region: East Side Of Providence
Other
Other facts
- BasementRoomsType: Storage Area, Utility, Laundry, Common
- Electric: 100 Amps, Circuit Breaker, Individual Meter, 220 Volts
- FinishedFloor: Hardwood, Ceramic, Pine
- BasementFinish: Unfinished
- GarageDesc: Detached, Door Opener
- Equipment: Dryer, Oven/Range, Refrigerator, Washer, Cable TV, Microwave, Ceiling Fan, Furniture
- HeatingFuel: Gas
- HeatPaidBy: Tenant
- BasementType: Full
- HotWater: Gas, Tenant Pays, Tank
- Near: Bus, Highway Access, Hospital, Shopping, Interstate, Schools
- Exterior: Insulated Glass Windows, Porch, Aluminum Siding, Deck
- FoundationType: Mixed
- BasementAccess: Interior Only
- Laundry: Common, In Building
- Wall: Dry Wall, Plaster
- Type: Up/Down
- LotDescription: Paved Driveway, Sidewalks, Barn
- Plumbing: Mixed
- PropertyType: 2-4 Units Multi Family
- Sewer: Connected, Municipal
- SubsidizedHousing: 0
- UnderConstruction: 0
- WaterSupply: Connected, Common Meter, Municipal
- HeatingSystem: Steam, Hot Air
- Insulation: Unknown
- ApxHeatCost: Undetermined, Includes Hot Water, Includes Cooking
- TimeShareYN: 0
Services availability
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Get a free Zillow Showcase℠ listing and you could sell for .
$863,400
2% more+ $17,268
With Zillow Showcase(estimated)
$880,668