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Prime Multi-Family Investment Opportunity

Prime Multi-Family Investment Opportunity – 98, 100, & 102 Penn Street, Providence, RI An exceptional investment opportunity on Providence’s sought-after West Side, this portfolio consists of three adjacent multi-family properties, offering strong income potential, ease of management, & future condo conversion possibilities. **98 Penn Street is a well-maintained three-family home featuring three two-bedroom, one-bath units with hardwood floors, architectural details, & updated mechanicals. Long-term tenancy has kept rents below market, creating immediate value-add potential.**100 Penn Street is a newer construction two-family home with immaculate, modern units featuring spacious layouts & contemporary finishes. A low-maintenance investment with strong rental appeal, this property offers turn-key efficiency.** 102 Penn Street is a large three-family property featuring two three-bedroom, one-bath units & one two-bedroom, one-bath unit. The building has a maintenance-free exterior, updated interiors, & ample off-street parking. ** With long-term occupancy, below-market rents, & strong appreciation potential, these properties generate immediate cash flow with significant upside. Conveniently located between Atwells Avenue & Broadway, tenants benefit from easy access to downtown Providence, the East Side, hospitals, highways, & the train station. **A rare opportunity to acquire a well-positioned, income-producing portfolio in one of Providence’s most vibrant neighborhoods.

Contact Joy Riley to schedule your tour at 401.952.7887

Written by Joy Riley on . Posted in Featured Homes, Neighborhood Information, New To Market
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Joy Riley

Joy Riley, Founder and Principal Broker of Westcott Properties is a real estate executive with over 37 years of sales, consulting and marketing experience. Joy has become an industry leader with closed sales volume approaching 1 billion throughout her career, a record that has been recognized annually with the Platinum Circle of Excellence Awards for 20 Million & above. Well deserving of her preeminent reputation and significant industry position, this self styled professional is continuously praised by her clients (sellers, buyers, investors) and corporate sellers alike for her expertise, market knowledge, progressive marketing strategies and extraordinary results.
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