206 Messer Street, Providence, Residential Income

Description

A great investment opportunity in Providence’s vibrant West End neighborhood. This 3-unit multifamily home features oversized 2 & 3 bedroom, 1-bath apartments, each with over 1,200sq feet of living space. The first and third floor have been renovated, with new kitchens, bathrooms, restored hardwood floors, and modern recessed lighting. The second floor offers tremendous potential to add value with a modest renovation. A new roof was recently installed, and the back portion of the lot provides ample parking. The third floor will be delivered vacant, an ideal situation for an owner occupant looking to move in and offset their mortgage with solid rents from the first and second floor. The vacant unit also offers a great opportunity for a savvy investor to benefit from a new tenant that will pay market rent! Proximity to all that the West End of Providence has to offer, including many cafes, eateries, local shops, Dexter Park, easy highway access, and a few minutes’ drive to downtown Providence.