8 Somerset Street Providence, RI 02907
Commercial-Other
MLS #: 1416144
Listed By CENTURY 21 Limitless
Property InformationDescription
Excellent investment opportunity in Providence! Expansive Lot! This well-maintained multi-family property features a total of 10 residential units, including nine 1-bedroom units and one 2-bedroom unit, providing a diverse rental mix and strong income-producing potential. Currently generating rental income, this property is ideal for investors seeking a stable asset in a desirable location with long-term upside. The building has been well cared for and offers are very large lot for possible future potential. Conveniently located near the Silver Lake and West End neighborhoods, residents enjoy easy access to local restaurants, cafes, grocery stores, parks, and neighborhood services. Minutes to Downtown Providence, offering dining, nightlife, entertainment, arts, and major employment centers. Easy access to Route 6, Route 10, Interstate 95, and Interstate 195. Close to Rhode Island Hospital, Hasbro Children's Hospital, educational institutions, public transportation, and approximately 15-20 minutes to T.F. Green Airport. A rare opportunity to acquire a strong income-producing asset in a prime Providence location.
Features
- Age: 1-5 Years Old
- Cross Docks: N
- Exterior Description: Wood Frame
- For Auction: N
- Lot Size In Text: 10019 Sq. Ft.
- MLSID: 1416144
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Sewer: City
- Style: Other Style
- Sublease: N
- Tax Year: 2025
- Taxes: $20254.00
- Water: City Water
- Year Built: 1853
