Description
Presenting 56 Barton Street, a well-maintained legal three-family property in the Federal Hill / West End neighborhood of Providence. This turnkey asset consists of a three story building with two 2-bedroom/1-bathroom units, and one 1 bedroom/1-bathroom unit. Each unit features separate heating and mechanicals, replacement windows, and efficient layouts. The property delivers an attractive 7%+ cap rate with solid rental income and low operating headaches. Plenty of off-street parking for all three units and washer/dryer in the basement. Fantastic location on quiet street, but with easy access to highway (US-6), and walkable to all the restaurants, shops, and entertainment on Broadway and Westminster St. **Must be sold with adjoining three-family property at 54 Barton Street.**Call today to schedule a showing!
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5BEDS
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0.06ACRES
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3BATHS
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01/2 BATHS
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2,335SQFT
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$340$/SQFT
School Ratings & Info
Description
Presenting 56 Barton Street, a well-maintained legal three-family property in the Federal Hill / West End neighborhood of Providence. This turnkey asset consists of a three story building with two 2-bedroom/1-bathroom units, and one 1 bedroom/1-bathroom unit. Each unit features separate heating and mechanicals, replacement windows, and efficient layouts. The property delivers an attractive 7%+ cap rate with solid rental income and low operating headaches. Plenty of off-street parking for all three units and washer/dryer in the basement. Fantastic location on quiet street, but with easy access to highway (US-6), and walkable to all the restaurants, shops, and entertainment on Broadway and Westminster St. **Must be sold with adjoining three-family property at 54 Barton Street.**Call today to schedule a showing!
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