40 Willow Street, Providence, Residential Income

Description

Discover a remarkable opportunity in the heart of Providence’s Historic Armory/West End neighborhood. Spacious multi-family home boasts an impressive 4,575 square feet of living space. Perfect for both owner-occupants and investors, property features three generously sized units, each with its own unique charm. The first two units showcase three bedrooms, a kitchen, dining room, bathroom, living room, and family room. The third unit offers a cozy one-bedroom layout with a kitchen, family room, dining room, and additional storage space. The property’s versatility is further enhanced by a four-bay detached garage, providing ample parking for residents and guests. Situated on a substantial lot, this historic home presents exciting possibilities. With proper due diligence and approval from the City of Providence, Planning and Zoning, and Historic committee, the property could potentially be converted into condominiums, along with adjacent lot which also offers the prospect of constructing additional units, subject to necessary approvals. The neighborhood boasts convenient access to shopping, restaurants, and downtown Providence. Local Colleges, Universities, and major transportation routes are just moments away, while nature enthusiasts will appreciate the proximity to Franciscan Park, This multi-family home presents an excellent investment opportunity in a thriving urban setting. Don’t miss the chance to make this property your next home or investment property.