For Sale
$710,000

21 Whitehall StProvidence, RI 02909

Seven-unit property, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully operational seven-unit multifamily property situated on a 5,174 square foot lot at 21-23 Whitehall Street in Providence, Rhode Island, 02909. The property comprises two buildings: a main structure housing six one-bedroom, one-bathroom units, and a separate two-bedroom, one-bathroom single-family cottage. All units are currently generating income. Recent capital improvements include new roofs, updated mechanical systems, and a new fire suppression system, minimizing future maintenance concerns. The property's layout is efficient and well-designed, maximizing rental income. Its prime location in the heart of Providence offers easy access to major highways and a wide array of amenities, ensuring high tenant demand and occupancy rates. Tenants are responsible for their own utilities. The asking price for this turnkey investment is $710,000. This property offers a compelling opportunity for passive income generation and significant long-term appreciation. This is a truly exceptional opportunity for investors seeking a low-maintenance, high-return investment in a desirable location.

Highlights

  • Asking price: $710,000
  • 7-unit multifamily property consisting of two buildings on a 5,174 sq ft lot in Providence, RI
  • Property features six 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit.
  • Recent renovations include new roofs, mechanical systems, and fire system.
  • Excellent location in Providence, RI, near amenities and highways.

Property Details for 21 Whitehall St

Property type
Specialty properties, Land

Location Insight

City
Providence
County
Providence
State
Rhode Island
Latitude
41.8122287
Longitude
-71.4461459
21 Whitehall St, Providence, Rhode Island

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
21 Whitehall St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message