20 Peach Avenue, Providence, RI 02906

Property Description

Excellent 4-unit multi-family investment opportunity in Eastside Providence: two buildings on one lot, located within walking distance to the train station and universities. The main property is a renovated 3-unit building with three bedrooms and one full bath per unit. The first-floor unit is completely updated and feels clean and bright. The property contains eleven bedrooms in total. The 2nd and 3rd floors are occupied by reliable, friendly tenants on month-to-month leases; the first floor is vacant and move-in ready! The rear two-bedroom cottage features an open-concept kitchen and living room, modern updates, and is currently vacant and ready to rent or occupy. This could be a cozy spot with a private yard for an owner-occupant. Both basements provide storage, laundry, and upgraded mechanical systems. The 3-unit building has Buderus boilers, while the cottage received ductless heating and cooling in 2021. The 1st floor unit and cottage can be sold furnished. Situated only 1.5 miles from the Amtrak Station, Brown University, RISD, and a half mile from Whole Foods and acclaimed cafes and restaurants, this location suits both owner-occupants seeking an urban neighborhood and investors aiming to grow their portfolio.