70 Ayrault St Providence, RI 02908

This exceptional Providence, RI property offers a unique investment opportunity encompassing 7,354 square feet of land and four buildings. The main structure is a three-story, 2,602 square foot multi-family home, recently renovated with two units, one currently vacant and ready for immediate occupancy. The roof is only one year old, boasting a transferable 49-year warranty, and features an efficient Navien heating system. The property is zoned R3, allowing for potential expansion of the second floor into a townhouse-style unit, increasing rental income. A second lot includes a large, oversized working garage with space for 18+ cars, including 8 individual garage bays. This garage is also zoned R-3, presenting the option to maintain its current use or redevelop it into a multi-family structure. The property's versatility, combined with its prime location in Providence, RI (zip code 02908), makes it ideal for contractors, mechanics, or investors seeking a high-return opportunity. Built in 1930, this compound offers significant potential for various uses and substantial future growth. The property includes three units in total.