241 Pocasset Ave, Providence, RI 02919
- Beds
- 11
- Baths
- 8
- Sqft
- 5,535
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Overview
Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2 dramatically boosting early returns and investor ROI. Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial advantages and long-term appreciation potential.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 11
- Number of bathrooms
- 8
- Square feet
- 5,535
- Lot size (acres)
- 0.06
- Year built
- 2024
Interior features
- Basement
- Yes, Finished
Utilities
- Heating
- Natural Gas
- Cooling
- Central Air
- Water
- Public Water
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: StateWide MLS MLS®#: 1409780 Last checked: …

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