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57 DePasquale Avenue, Providence, Residential Income

$ 1,800,000
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Overview

  • Updated On:
  • June 12, 2024
  • 9 Bedrooms
  • 3 Bathrooms

Description

Iconic mixed use-property in the heart of DePasquale Plaza available for the first time in over 25 years (blue building in photos). 4 total units consisting of a well established restaurant with long term tenant in place $6,000 mo as well as 50% of tax, water and sewer bill. There are 3 additional three bedroom, one bathroom apartments. Apartments are fully furnished, rented monthly with long term tenants and have forced hot air and central AC, and washer/dryer in each unit making them ideal Air B and B properties. Young 7 year old roof. This building currently brings in over $14,000 per month! See MLS 1361408 for info on adjacent building’s listing (green building). Properties do not need to be purchased together.

Address: 57 DePasquale Avenue
State/County:
Zip: 02903
Country: US
Open In Google Maps
Property Id : 1026230
Price: $ 1,800,000
Property Lot Size: 0 ft2
Rooms: 17
Bedrooms: 9
Bathrooms: 3
Basement: Full,Bulkhead,Unfinished,Storage Space
Bathrooms Half: 0
Bathrooms Total Decimal: 3
Bridge Modification Timestamp: 2024-06-12T17:14:22.865Z
Building Area Total: 5810
Community Features: Bus,Commuter Bus,Highway Access,Hospital,Interstate
Construction Materials: Dry Wall,Other Siding
Contract Status Change Date: 2024-06-11
Cooling: Central Air
Covered Spaces: 0
Electric: 100 Amp Service,400 Amps,Circuit Breakers
Fireplace Features: None
Fireplaces Total: 0
Flooring: Ceramic Tile,Hardwood,Vinyl
Foundation Area: 2100
Foundation Details: Mixed
Frontage Length: 0
Garage Spaces: 0
Heating: Natural Gas,Forced Air
Inclusions: 1st floor pays 1/2 of annual water, sewer, tax bill. Landlord covers wifi, gas and electric for all units. Leases are mo to mo and terms can change
Laundry Features: In Unit
List Agent Direct Phone: 401-439-0582
List Agent Email: lindsaypettinelli@gmail.com
List Agent Full Name: Lindsay Pettinelli
Listing Contract Date: 2024-06-11
Listing Id: 1361351
Living Area Source: Other
Living Area Units: Square Feet
Lot Size Area: 2370
Lot Size Square Feet: 2370
Lot Size Units: Square Feet
Mls Status: Active
Modification Timestamp: 2024-06-12T17:10:15.943Z
Number Of Buildings: 1
Number of Units Total: 4
Original Entry Timestamp: 2024-06-11T23:56:41.450Z
Original List Price: 1800000
Parking Features: No Garage
Parking Total: 0
Room Bathroom Features: Bath w Shower Stall
Sewer: Connected,Public Sewer
State or Province: RI
Status Change Timestamp: 2024-06-11T23:56:41.450Z
Stories: 4
Street Name: DePasquale
Street Number: 57
Street Suffix: Avenue
Structure Type: Up/Down
Tax Annual Amount: 30817.8
Tax Year: 2023
Water Source: Connected,Municipal
Year Built: 1900
Other Features
Disposal
Dryer
Gas Water Heater
Has Cooling System
Has Heating System
Insulation: Walls
Microwave
Oven/Range
Plumbing: Mixed
Property Attached
Refrigerator
Skylight
Walls: Dry Wall
Washer
$ 6,978.96
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,978.96

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