Multi Family Home for Sale, 60 Purchase Street, East Providence, Rhode Island 02914

Discover this exceptional 3 Family Home, perfectly situated just a mile from East Side of Providence and within close proximity to prestigious institutions such as Brown University, Providence College, RI College, and major medical facilities, enhancing the appeal for healthcare professionals and students alike. . This property has three bedrooms on each floor and additional income exists with a finished basement that could be incorporated into the first-floor apartment with separate laundry area with coin operated washer dryer that brings in additional income of 300-500/monthly which significantly increasing rental revenue. There are 9 off street parking areas in addition to the 3bay garage that offers further income potential, with an estimated rental income of $300 per month for each bay or 4 compact cars for an additional $300, making it an attractive opportunity perfect for collectors. This showroom garage has electric/heat/cable/ alarm, tiled floor, and power doors. Above the garage, there are three unfinished rooms that present an opportunity for renovation, increasing the property’s value and rental income.
This property is a rare find with immense potential for growth and profitability. Whether you’re looking to expand your investment portfolio or seeking a residence that can generate income, this 3 family is a fantastic opportunity!