Renovated Two-Home Income
121 Burlington St Providence, RI 02906
For Sale
Contact for pricing
Pending
Two houses on one lot, each with two units, fully renovated in 2022 with dedicated HVAC and in-unit laundry.
Days on Market104
Property Features for 121 Burlington St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing Agency:
William Raveis Real Estate
Listed By:
Tony Berbara · License #RES.0047864
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 22 at 4:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Raveis Real Estate
Investment Insights
Based on property information with market context.
The property includes two houses on a single lot, with a total of four units. Each house has two units, and every unit features 2 bedrooms and 2 full bathrooms. The buildings were recently gutted to the studs and renovated in 2022, with new electrical wiring, plumbing, insulation, and a dedicated HVAC system providing central cooling and heating. Each unit also includes an under-warranty set of appliances, including a refrigerator, dishwasher, microwave, stove, and an in-unit washer/dryer that is less than one year old.
The property is located in a quiet, clean neighborhood on the East Side and provides convenient off-street parking for up to three vehicles, with additional street parking available.
All units are scheduled to be fully occupied starting 6/1/23, with projected gross income of $10,500 per month and a 6.5% cap.
The property is located in a quiet, clean neighborhood on the East Side and provides convenient off-street parking for up to three vehicles, with additional street parking available.
All units are scheduled to be fully occupied starting 6/1/23, with projected gross income of $10,500 per month and a 6.5% cap.
Key Highlights
- Two houses on one lot with 4 total units (2 units per house), each unit has 2 bedrooms and 2 full bathrooms
- Gutted to the studs and fully renovated in 2022 with new electrical wiring, plumbing, and insulation throughout
- Dedicated HVAC system for each unit, with central cooling and heating
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Two houses on one lot, each with two units, fully renovated in 2022 with dedicated HVAC and in-unit laundry.
Where is this multifamily property located?
The property is located at 121 Burlington St Providence, RI.
What are key features of this property?
This property features: Two houses on one lot with 4 total units (2 units per house), each unit has 2 bedrooms and 2 full bathrooms; Gutted to the studs and fully renovated in 2022 with new electrical wiring, plumbing, and insulation throughout; Dedicated HVAC system for each unit, with central cooling and heating
