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 173Prospect 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.
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The average household income in
Providence, RI
grew
from
$37,366
to
$40,366
in the past year. This data is an estimate based upon
62,057
households in
Providence, RI. The chart below presents how household income is distributed in
Providence, RI
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Providence, RI
compared to median property taxes around the country. The prevalent amount of property taxes in
Providence, RI
equals
$3k+
, which is
more
than the national average.