Sold
Closed
71 Olney Street
Providence RI, 02906
$1,525,000
$326.48 per sqft
Sold
Closed
15 Beds
7 Baths
4,671 sqft
Multi-family
Built in 1920
**The property is being sold in a package with 173 Prospect St, MLS#1360296. Both properties must be purchased together, total price $3,300,000**
173 Prospect Street and 71 Olney Street present a unique turn-key investment opportunity with 30 Bedrooms and 14 bathrooms, primarily rented to graduate students from Brown University, RISD, and JWU. Both properties have been renovated with new electrical service and wiring, plumbing, HVAC, hardwired sprinkler system and alarm system, new kitchens, appliances, and bathrooms. 8 parking spaces. These units are fully furnished and rented by the bedroom, each individual lease is co-signed. This is a great addition to any portfolio. Conveniently located near the Universities, Whole Foods, and highway.
1360300
MLSⓇ ID
May 29, 2024
Listed
October 5, 2024
Updated
Map
71 Olney Street
Providence RI, 02906
Interior Features
Total Stories
0
Bedrooms
15
Total Bathrooms
7
Full Bathrooms
7
Appliances
Electric Water Heater
Floor Description
Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air, Gas
Exterior/Building Features
Lot Size
0.06 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$18,420
Tax Frequency
Annually
Days on Market
69
Garage
No
Parking
No Garage
Parking Total
4
View
No
County
Providence
Water Source
Public
Pool
No
Zoning
R-3
Listing History
Date | Event | Price |
---|---|---|
10/2/2024 | Sold | $1,525,000 |
8/7/2024 | Pending | — |
Courtesy of William Raveis Inspire
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide MLS, Inc. Real estate listings held by brokerage firms other than Sotheby’s International Realty are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed.
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Data last updated 12:59 AM UTC, 10/5/2024.