241 Pocasset AVE, Providence, RI 02919
241 Pocasset AVE, Providence, RI 02919
241 Pocasset AVE, Providence, RI 02919
45
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$1,500,000
Est. payment /mo
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11 Beds
8 Baths
5,535 SqFt
Price Dropped by $99K

241 Pocasset AVE Providence, RI 02919

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,535 sqft

Price per Sqft $271

MLS Listing ID 1409780

Style Stacked

Bedrooms 11

Full Baths 8

HOA Y/N No

Abv Grd Liv Area 5,535

Year Built 2024

Tax Year 2025

Lot Size 2,522 Sqft

Acres 0.0579

Property Sub-Type Multi Family

Property Description

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.

Location

State RI

County Providence

Rooms

Basement Full, Finished, Interior Entry

Interior

Heating Gas

Cooling Central Air

Flooring Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected

Garage No

Building

Sewer Connected

Water Connected, Public

Architectural Style Stacked

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 241POCASSETAVPROV

Virtual Tour https://tour.RiLiving.com/241-Pocasset-Avenue-Providence-RI-02919--1409780

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Listed by Innovations Realty
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Tricia Coury
Tricia Coury

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+1(508) 838-6956 | tricia@triciacoury.com

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Executive Real Estate Specialist - Team Leader License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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+1(508) 838-6956

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.