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23 Penn ST Providence, RI 02909
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Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Federal Hill
MLS Listing ID 1326401
Maintenance Fees $9,510
Year Built 1922
Annual Tax Amount $33,369
Tax Year 2022
Lot Size 0.260 Acres
Property Sub-Type Commercial
Property Description
Wonderful opportunity to own this money maker property, conveniently located in desirable Federal Hill, between Broadway and Atwells Avenue in Providence. There are 3 properties here to be sell as a package: 17 Penn street (vacant lot, fully rented as parking spaces)19 Penn street (3 units, with 3 bedrooms each) and 23 Penn (6 units with 4 bedrooms each). Units are in good condition and totally rented below market. Good potential to get higher rent in this area. Income from rent is $192,720 a year. Easy access to highway, downtown Providence, plenty of parking spaces and more.
Location
State RI
County Providence
Community Federal Hill
Interior
Heating Baseboard
Cooling None
Laundry Common Area
Exterior
Community Features Highway Access, Near Hospital, Near Schools
Utilities Available Natural Gas Connected
Building
Foundation Block, Brick/Mortar
Sewer Public Sewer
Water Public
New Construction No
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Bought with Mott & Chace Sotheby's Intl.
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