241 Pocasset Avenue Providence, RI 02919
Other
MLS #: 1409537
Courtesy Of Innovations Realty
Property InformationDescription
Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2-dramatically boosting early returns and investor ROI. Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial advantages and long-term appreciation potential.
Features
- Age: 1-5 Years Old
- Amenities: Basement
- Building Units: 8
- MLSID: 1409537
- Rooms: Basement
MAP & DIRECTIONS
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