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681 Charles Street, Providence, RI 02904
$618,000
681 Charles Street, Providence, RI 02904View this property at 681 Charles Street, Providence, RI 02904
681 Charles StreetProvidenceRI02904
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Property Description
This exquisite, rare 4-family townhouse-style building is a true gem, generating an impressive $4800 per month in rental income. Leases are month-to-month and one unit is vacant making this a great opportunity for an owner-occupied investor or developer! Two units feature recently updated kitchens and baths. The exterior was just painted and landscaped making this a turnkey investment. Each unit boasts a living room and kitchen on the first floor, two bedrooms on the second floor, and a private full-size basement with laundry hookups perfect for additional storage or potential expansion possibilities. This property boasts easy access to I-95, Route 146, shopping centers, and all essential amenities, making it an ideal location for tenants. The included profit and loss statement with the cap rate for each year provides a comprehensive overview of the investment potential, making it an opportunity that you don't want to miss.
Full Property Details
Full Property Details for 681 Charles St
General
- Sold For: $618,000
- Taxes: $8,308 (2023)
- Status: Closed
- Type: Multi-Family
- MLS ID: 1340289
- Added to Site: 301 day(s) ago
Interior
- Number of Rooms: 20
- Appliances: Gas Water Heater
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 6
- Parking Features: No Garage
Location
- County: Providence
Heating & Cooling
- Cooling Type: None, Window Unit(s)
- Heating Type: Gas
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Partially Finished
- Stories/Levels: 0
- Building Size: 5172
- Finished Total: 5,172 Sq. Ft.
- Finished Above Grnd: 5,172 Sq. Ft.
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
Financial Considerations
- Operating Expenses: $13,234
- Tax Amount: $8,308.88
- Tax Year: 2023
Disclosures and Reports
- Inclusions: Buyer to perform due diligence. Buyer shall have until the expiration of the applicable Due Diligence Period to examine, inspect, and investigate the Property and, in Buyer's sole judgment and discretion, to determine whether Buyer desires to purchase this property.
- Property ID: 681CHARLESSTPROV
- Lot Number: 342
Listed by Penrose Realty
Sold by Keller Williams Leading Edge
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Schools
Schools serving 681 Charles St
School District:Providence Schools
Rating | Name | Grades | Distance |
---|---|---|---|
211 Veazie St, Providence, RI 02904 | K-5 | 0.8 mi | |
60 Camden Ave, Providence, RI 02908 | K-5 | 1.3 mi | |
35 Camp St, Providence, RI 02906 | K-5 | 1.5 mi | |
480 Charles St, Providence, RI 02904 | 6-8 | 0.5 mi | |
721 Chalkstone Ave, Providence, RI 02908 | 6-8 | 1.5 mi | |
101 Sessions St, Providence, RI 02906 | 6-8 | 1.7 mi | |
812 Branch Ave, Providence, RI 02904 | 9-12 | 0.7 mi | |
324 Hope St, Providence, RI 02906 | 9-12 | 1.7 mi | |
434 Mount Pleasant Ave, Providence, RI 02908 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 681 Charles St
Date
Details
Price
Change
Source
11/29/2023
Sold
$618,000
3.17%
MLS
7/25/2023
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
681 Charles Street, Providence, RI 02904 (MLS# 1340289) is a Multi-Family property that was sold at $618,000 on November 29, 2023. Want to learn more about 681 Charles Street? Do you have questions about finding other Multi-Family real estate for sale in Providence? You can browse all Providence real estate or contact a Coldwell Banker agent to request more information.