Search / Providence / 461 465 Elmwood Avenue
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Active · 0 days on market
$2,599,999
461 465 Elmwood Avenue, Providence, RI 02907
12 bd · 4 ba · built 1930
Listing courtesy of The Greene Realty Group, Derek Greene
About this home
RARE FIND! Cash Flow Positive with 9% Cap Rate 16 Residential Units Fully registered with Lead Certificates in place. Gross annual rent of $329,000 with NOI of $235,000. Renovated inside and out in 2024. New gas lines, electric upgrades, new hot water heaters and many cosmetic updates. Unit Mix - Five 3 bed / 1 bath. Three 2 bed / 1 bath. Five 1 bed / 1 bath. Three Studio / 1 bath. Seller is licensed RE agent.
Property facts
- Property type
- Multi Family
- Year built
- 1930
- Lot size (acres)
- 0.13
- Total rooms
- 20
- Garage spaces
- 0
- Total parking
- 0
- Annual taxes
- $45,036
- Tax year
- 2025
- County
- Providence
Features
- Heating
- Natural Gas, Baseboard, Steam
- Cooling
- Window Unit(s)
- Basement
- Full, Interior and Exterior, Partially Finished, Bathroom, Bedroom(s), Common, Kitchen, Laundry, Utility
- Appliances
- Refrigerator, Gas Water Heater
- Interior
- Wall (Dry Wall), Wall (Paneled), Wall (Plaster), Insulation (Ceiling), Insulation (Walls)
- Fireplace
- None
- Laundry
- In Building
- Parking
- No Garage
- Construction
- Dry Wall, Paneled, Plaster, Brick, Masonry
- Sewer
- Public Connected
- Water
- Public
- Community
- Bus, Highway Access, Public School, Recreational Facilities, Schools, Shopping
Location
MLS# 1427053 · Source: State-Wide Multiple Listing Service, Inc. · Listing courtesy of The Greene Realty Group
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