66 Penn Street,Providence, RI 02909
Providence, RI 02909
Description
Rare opportunity to buy a property that makes money right out of the gate! This exceptional 4-unit Providence investment at 42 Courtland Street consists of a beautifully updated 3-family building plus a perfect separate cottage. The main 3-family building has been completely and beautifully remodeled. Each of the three units features 3 generous bedrooms and a wonderfully laid-out modern kitchen that flows seamlessly into an open living room and kitchen concept. The 4th unit is a standalone cottage that has undergone a stunning remodel. It provides 2 to 3 bedrooms and 2 full baths, both absolutely amazing in their own right. The cottage also features a fantastic master bedroom with direct access to a private outdoor deck that feels like an absolute paradise. This property is a massive income producer, currently fully rented and bringing in $9,400 monthly ($112,800 annually). Ample off-street parking is included. For buyers looking to owner-occupy or place their own tenant, the property can be purchased with one unit delivered empty. Don't miss this rare, turnkey opportunity!
Details
| MLS # | 1415072 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1900 |
| Days On Site | 116 |
| Listing Provided By | Yorway Realty | Remi Lanoie |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 4,510 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.09 |
Interior
| Rooms Total | 20 |
|---|---|
| Heating | Electric, Natural Gas, Baseboard |
| Heating Yes / No | Yes |
| Cooling | None |
| Cooling Yes / No | No |
| Appliances | Electric Water Heater, Gas Water Heater |
| Interior Features | Wall (Dry Wall) |
| Fireplaces Total | 0 |
| Laundry Features | Off Site |
Exterior
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Dry Wall, Vinyl Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Detached |
Utilities
| Sewer | Connected |
|---|---|
| Electric | 100 Amp Service, Circuit Breakers |
Taxes
| Tax Annual Amount | 6525 |
|---|---|
| Tax Assessed Value | 864300 |
| Tax Lot | 45 |
| Tax Year | 2025 |
Area Information
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02909 |
| Area | Providence |
| Community Name | Federal Hill |
| Listing VS Median (in Federal Hill) | |
Price: $1,074,900 low | high Med: $374,900 sqft: 4,510 low | high Med: 1,250 $ / sqft: $238 low | high Med: $300 On site: 116 low | high Med: 22 | |
Market Activity 02909
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Learn More About This Property
| State | RI |
|---|---|
| County | Providence |
| City | Providence |
| Zip Code | 02909 |
| Area | Providence |
| Community Name | Federal Hill |
| Listing VS Median (in Federal Hill) | |
Price: $1,074,900 low | high Med: $374,900 sqft: 4,510 low | high Med: 1,250 $ / sqft: $238 low | high Med: $300 On site: 116 low | high Med: 22 | |
