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664 Plainfield, Providence, RI 02909

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For Sale
Price Reduced

$1,100,000

6 beds • 4 baths • 12,504 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 1909
    Year built

  • $87.97
    Price per square foot

  • 1-5 Years Old
    Age

Explore this Property

Incredibly rare investment opportunity in Providence, a unique dual-building parcel. Nestled in the heart of Providence, this exceptional property presents a rare chance for discerning investors. Boasting two distinct buildings on a single lot, this offering combines immediate income potential with future growth prospects. The first building is completely occupied, housing 2 commercial units and 3 residential dwellings. Meanwhile, the second building is currently in the construction stage, about 70% completed and will also have 2 commercial units with 4 residential dwellings. With a total of eleven units spread across both buildings, the potential for substantial profitability is undeniable. The completed, corner building includes 3 three-bedroom units that are updated and properly maintained with 2 storefront units currently operating. Unfinished building pro forma rent is $9,000. NOI is $160,000. Seize this opportunity to diversity your portfolio and capitalize on Providence's real estate market.
MLS# 1353690

Listed By CENTURY 21 The Seyboth Team

Property Features

  • Age
    1-5 Years Old
  • Basement
    Finished, Full
  • Cooling
    No A/C
  • Exterior Description
    Vinyl Siding
  • Flooring
    Ceramic, Laminate
  • Garage Description
    No Garage
  • Heating - Fuel Type
    Gas
  • Heating Type
    Baseboard
  • Lot Size
    0.12 Acres
  • Sewer
    City
  • Style
    Other Style
  • Water
    City Water

Map and Directions

Directions to 664 Plainfield, Providence, RI 02909

Home seller Meet the Agent,
Kyle Seyboth

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Kyle Seyboth

of CENTURY 21 The Seyboth Team

(508) 726-3492
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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