Providence, RI 02904,332 Hawkins ST
Providence, RI 02904,332 Hawkins ST
Providence, RI 02904,332 Hawkins ST
17
$945,000
$935,000
1.1%
Est.Price: ?

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5,474 SqFt

332 Hawkins ST Providence, RI 02904

Est. payment /mo
SOLD DATE : 06/30/2025

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $945,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,474 sqft

Price per Sqft $172

MLS Listing ID 1382972

Year Built 1914

Annual Tax Amount $21,081

Tax Year 2024

Lot Size 3,201 Sqft

Property Sub-Type Commercial

Property Description

332 Hawkins is a high-income producing, six-unit property generating $10,570/month ($127K annually). Six 3-bedroom, 1-bath units each with separate electric & gas meters paid by tenants, and no trash removal costs resulting in low operating expenses. Many units were renovated with updated kitchens, bathrooms, flooring, and appliances. This asset offers both immediate cash flow and significant value-add potential. It's professionally managed, fully occupied with thoroughly vetted tenants, and has a strong history of high occupancy making it a stable and profitable investment. Updated plumbing & electrical, common areas redone. Best comparable sale is 29 Blaine St, Providence, which sold for $965k in July 2024. That property had only 2-bedroom units and a lower monthly rent roll of $8,800. Financials available upon request.

Location

State RI

County Providence

Interior

Heating Baseboard

Cooling None, Window Unit(s)

Exterior

Community Features Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)

Utilities Available Natural Gas Available, Natural Gas Connected, Sewer Connected

Building

Sewer Connected, Public Sewer

Water Connected, Public

Structure Type Frame

New Construction No

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Listed by New England Apartment Group
Bought with New England Apartment Group
Eric Coury

Eric Coury

Realtor - Team Manager

+1(508) 838-6956

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