551 Potters Avenue Providence, RI 02907

For sale for $464,900 - MLS # 1316832

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551 Potters Avenue
Providence, Rhode Island RI 02907
Price: $464,900
Listing ID 1316832 Status Active 12 Bedrooms 6 Full Baths 4,022 SqFt 0.184 Acres Subdivision: Elmwood

Property Description:

Fantastic opportunity to own,as well as live rent free, OR a perfect investor opportunity. This Legal 2 family home has amazing potential,The property its self consists of 12 bedrooms, and 5 bathrooms, as well as a separate 4000 sq ft build able lot. 8000 Total The rents are below market rent and income is currently at over 5k per month. With any additional parking in the front of the home, the vacant lot can be turned into another new construction multi family. The property offers newer roof, windows, electrical and heating system. Golden opportunity awaits.

Primary Features

County: Providence
Property Sub Type: Multi Family
Property Type: Residential Income
Subdivision: Elmwood
Year Built: 1920


Appliances: Gas Water Heater
Basement: Full, Interior Entry, Partially Finished
Cooling: Window Unit(s)
Electric: 100 Amp Service, 200+ Amp Service
Flooring: Ceramic Tile, Hardwood
Heating: Baseboard, Central, Gas
Living Area Source: Estimated
Utilities: Sewer Connected
Rooms Total: 18


Construction Materials: Clapboard
Foundation Details: Concrete Perimeter
Number Of Buildings: 1
Number Of Units Total: 2
Parking Features: No Garage
Parking Total: 12
Water Source: Connected


Lot Size Square Feet: 8000


Documents Count: 4
Mls Status: Active
Permission: IDX
Possession: Negotiable
Sewer: Connected
Source System ID: TRESTLE
Source System Key: 1020768312


Operating Expense: 17500
Tax Annual Amount: 8200
Tax Assessed Value: 471000
Tax Lot: 107
Tax Year: 2021

Zoning Info

Area Info

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed. © 2022 RI State-Wide MLS (RIS). All rights reserved. Listed by BHHS Pinnacle Realty. Data last updated: Tuesday, August 9th, 2022 at 05:52:00 AM.

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