$1,699,999 USD
Apartment for Sale, 241 Pocasset Avenue, Providence, Rhode Island 02919
- MLS#1409780
- Bedrooms11
- Bathrooms8
- Home/Lot size
514 m² (5,535 ft²)
Listed By Innovations Realty
The Apartment for Sale located at 241 Pocasset Avenue, Providence, Rhode Island 02919 is currently for sale. 241 Pocasset Avenue, Providence, Rhode Island 02919 is listed for $1,699,999. This property has 11 bedrooms, 8 bathrooms.
Property features
Property
- Property size:
514 m² (5,535 ft²) - Features: Basement
Lot/Land
- Land/Lot size:
234 m² (2,523 ft²)
Construction
- Year built: 2024
- Basement and foundation: Finished BasementFull Basement
Bedrooms
- Bedrooms: 11
Bathrooms
- Total bathrooms: 8
- Full bathrooms: 8
Interior Features
- Floors: Vinyl
Heating and Cooling
- Heating system: Natural GasOil
- Cooling system: Air Conditioning
Description
Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income.
Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2—dramatically boosting early returns and investor ROI.
Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial advantages and long-term appreciation potential.
Location
241 Pocasset Avenue, Providence, Rhode Island 02919