61 Elm Street

DO NOT MISS THIS - Turn key, high cap rate 8.93%, full performing, and well maintained 7 unit property is new to market. The property consists of two buildings on a corner lot. The Elm St building features four 2 bed 1 bath units and a 4 bed 1 bath unit with over 2100 square feet of combined living space. The Brook St building is a 2 unit building consisting of 2 beds 1 bath on the first floor and a 4 beds 1 bath on the second and third floor with a bonus room on the fourth floor. The Elm St building has a new roof and several new mechanical elements. The Brook St building shows like a new construction on the interior and has had long term stable tenants. Ample off street parking and designated dumpster location. This property produces excellent rental income and is close to all major highways and downtown Providence! New investors, seasoned investors or partners, this one makes a ton of sense for your portfolio.Tenants are responsible for their own utilities.