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Cathryn Schwab

cathryn.schwab@engelvoelkers.com +1(401) 787-5694

$ 659,900

Est. payment -/mo

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56 Felix ST Providence, RI 02908

6 Beds

3 Baths

2,856 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $231

Subdivision Smith Hill

MLS Listing ID 1422899

Style Stacked

Bedrooms 6

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,856

Year Built 1920

Annual Tax Amount $7,477

Tax Year 2025

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Multi Family

Property Description

Well maintained three family in Smith Hill with a vacant 2nd floor unit, strong rental income, and approximately six off street parking spaces. Each unit offers 2 bedrooms and 1 full bath with spacious kitchens, separate living rooms, hardwood flooring, and good natural light. Current rents are $1,950, $1,950, and $1,600 per month for $5,500 in total monthly income. The vacant 2nd floor gives an owner occupant the opportunity to move right in while collecting income from the other two units. Investors have a solid income producing property with separate utilities and strong existing rents. Recent improvements include updated bathrooms, interior paint, flooring, plumbing work, upgraded appliances, a new hot water heater, and servicing of all three heating systems. The basement offers coin operated laundry along with three separate secured storage rooms for tenant use. Approximately six off street parking spaces add another major convenience. Convenient Smith Hill location close to Providence College, downtown Providence, hospitals, shopping, restaurants, and highway access. A well maintained three family with strong income and plenty of flexibility for the next owner. (Owner Occupied Taxes $4032)

Location

State RI

County Providence

Community Smith Hill

Zoning R4

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Stall Shower

Heating Baseboard, Gas

Cooling None

Flooring Carpet, Hardwood, Laminate

Fireplaces Type None

Inclusions 2nd floor currently vacant and available for owner occupancy. 1st floor rent is $1, 950/month. 2nd floor market rent is $1, 950/month. 3rd floor rent is $1, 600/month. Operating statement available.

Fireplace No

Appliance Gas Water Heater

Laundry Common Area

Exterior

Exterior Feature Deck, Porch

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Sidewalks

Utilities Available Sewer Connected

Porch Deck, Porch

Total Parking Spaces 6

Garage No

Building

Foundation See Remarks

Sewer Connected, Public Sewer

Water Connected, Public

Architectural Style Stacked

Structure Type Drywall,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 56FELIXSTPROV

Virtual Tour https://tour.RiLiving.com/56-Felix-Street-Providence-RI-02908

Listed by Compass

NEARBY SCHOOLS & PROPERTIES

Cathryn Schwab

Broker Associate License ID: REB.0019852

+1(401) 787-5694

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