26 Ames ST Active

Providence,RI 02909

$ 575000

5 Beds

3 Baths

2453 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,453 sqft

Price per Sqft $234

MLS Listing ID 1387728

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 2,453

Year Built 1920

Annual Tax Amount $9,072

Tax Year 2025

Lot Size 2,252 Sqft

Acres 0.0517

Property Sub-Type Multi Family

Property Description

Horvath & Tremblay is pleased to present the exclusive sale of the multi-family investment property located at 26 Ames Street in Providence, Rhode Island (the Property ). The Property consists of a three-story multi family building and contains three (3) residential units comprised of two (2), 2-Bedroom/1-Bathroom units and one (1), 1-Bedroom/1-Bathroom unit with 1,717 square feet of living area in 2,453 gross square feet on a 0.052 acre parcel of land. The Property is separately metered for electricity, heat, and hot water, which the tenants pay directly. The opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban infill, high demand/supply-constrained residential market. The property currently has 2/3 units occupied, providing the opportunity for an FHA buyer to purchase. Centrally located in the Federal Hill neighborhood of Providence, 26 Ames Street is one block from Atwells Avenue and is a short walk from Broadway and Providence's Central Business District. The Property offers convenient access to abundant dining, retail, and nightlife options, and several colleges and universities. The Property is also just 1.3-miles from the Providence Train Station (Amtrak, Acela & the MBTA's Providence/ Stoughton Line).

Location

State RI

County Providence

Rooms

Basement Full,Interior Entry,Unfinished

Interior

Heating Gas,Hot Water

Cooling None

Flooring Hardwood

Fireplace No

Appliance Gas Water Heater

Exterior

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 26AMESSTPROV

Special Listing Condition Affordable Housing Subsidy

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