$ 657,000 $ 599,900 9.5%

38 Vine ST

East Providence, RI 02914

  • 7 Beds
  • 3 Baths
    Full Baths: 3
  • 2,736 SqFt
  • 4,356 Lot Size
  • 1920 Year Built
Calling all owner occupants or savvy investors. This 3 family in the heart of East Providence is a don't miss! Amazing rental history on this fully occupied turnkey property is ready to make you money from day one without any effort. Two units are tenant at will and one with a year long lease. This property offers new kitchens, baths, laminate flooring, and clean modern units comprised of two 2 bedroom units and one 3 bedroom unit. Heating systems throughout have been upgraded, commercial washer and dryer, 2 storage units for additional income, and ample off street parking. Best of all the owners will have brought this property into new RI regulatory standards with lead compliance certs for each unit and all units registered with the state of RI prior to closing. As of Oct 2024 all properties must have this...but VERY few do! Whether you are a savvy investor looking for predictable and easy cashflow or just jumping into the investment market do not miss out on this gem.
Listed by Real Broker, LLC , Sold By Green Island Realty, Inc.

PROPERTY DETAIL

  • Key Details

    Sold Price $657,0009.5%

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 736 sqft

    Price per Sqft $240

    MLS Listing ID 1389562

    Bedrooms 7

    Full Baths 3

    Year Built 1920

    Annual Tax Amount $5,502

    Tax Year 2024

    Lot Size 4,356 Sqft

    Property Sub-Type Multi Family

  • Location

    State RI

    County Providence

  • Building

    Foundation Concrete Perimeter

    Sewer Connected, Public Sewer

    Water Connected, Public

    Structure Type Drywall,Plaster,Aluminum Siding,Brick

    New Construction No

  • Interior

    Heating Baseboard, Forced Air, Gas, Space Heater

    Cooling None, Window Unit(s)

    Flooring Laminate

    Fireplaces Type None

    Laundry Common Area

  • Exterior

    Exterior Feature Porch, Paved Driveway

    Fence Fenced

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

    Utilities Available Sewer Connected

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CONTACT

Reza Lashkari
Reza Lashkari
Email: reza@llhomesteam.com Tel: +1(949) 826-8100

License ID: 02195314, 9527841, RES.0044054

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