Luxury Real Estate Group Boston > Providence > 23 Richter

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

23 Richter

Providence, RI

Property Description

Well-Maintained Three-Family Investment Property with Upside PotentialThis solidly performing multi-family property features 6 bedrooms and 3 full baths across three units, offering strong and stable income potential. Currently generating $4,500/month in rent, the units are priced below market, allowing immediate value-add opportunities through rent adjustments.Two units include in-unit washer and dryer, increasing tenant appeal and supporting strong retention. Tenancies are primarily month-to-month, with one lease in place through May 2026, providing both flexibility and stability for investors.Recent upgrades include: Roof and porch upgrades, new heating system for 3rd floorLocated within walking distance of the Providence VA Medical Center, and close to Aldi, local colleges and universities, major commuter routes, and TF Green Airport, this property is ideally situated in a high-demand rental area.Perfect for investors seeking stable cash flow.

offered at

$629,900

  • Status: New
  • Listing ID: 73470813
  • Bedrooms: 6
  • Full Baths: 3
  • Living Area: 3,198 sqft Convert

Additional Details

Type: Single Family, Single Family Residence

Zip Code: 02908

Levels: Multi/Split

Parking

Garage Capacity: 2

Parking: Off Street

Parking Spaces: 2

Rooms and Dimensions

Total Rooms: 18

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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