13 Amy StProvidence, RI 02903

Property Details for 13 Amy St

Year built

2024

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional investment opportunity presents a newly constructed mixed-use property in the desirable Fox Point neighborhood of Providence, Rhode Island. Situated on a 5,000 square foot lot at 13 Amy Street, this property boasts two buildings, each featuring three 3-bedroom, 1-bathroom apartments. Construction was completed in 2024, and leasing has commenced, with one unit already securing a monthly rent of $3,000. The property's strategic design also incorporates basement storage units, offering a lucrative additional revenue stream. This presents a compelling long-term investment prospect with minimal maintenance requirements. The property's location in Fox Point provides excellent access to local amenities and transportation. The asking price for this turnkey investment is $2,395,000. This is a rare chance to acquire a high-yield, low-maintenance property in a thriving Rhode Island market. The property is zoned for both commercial and residential use, offering flexibility for future development or expansion. With its strong rental income and potential for further growth, this property represents a significant opportunity for discerning investors.

Location Insight

City

Providence

County

Providence

State

Rhode Island

Latitude

41.8167

Longitude

-71.4092

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