No Photos
Image 1 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 2 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 3 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 4 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 5 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 6 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 7 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 8 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Image 9 - 664 Plainfield St, Providence, Rhode Island, 02909 - House for sale
Plainfield St, Providence, Home For Sale
664 Plainfield St, Providence, Rhode Island, 02909

Plainfield St, Providence, Home For Sale

house for sale
Listed: 07/17/24

664 Plainfield St, Providence, Rhode Island, 02909

6 Bed:
4 Bath:
3,390 Sq Ft Living Area:
Save
Price
$ 1,05M

About This House

Incredibly rare investment opportunity in Providence, a unique dual-building parcel. Nestled in the heart of Providence, this exceptional property presents a rare chance for discerning investors. Boasting two distinct buildings on a single lot, this offering combines immediate income potential with future growth prospects. The first building is completely occupied, housing 2 commercial units and 3 residential dwellings. Meanwhile, the second building is currently in the construction stage, about 70% completed and will also have 2 commercial units with 4 residential dwellings. With a total of eleven units spread across both buildings, the potential for substantial profitability is undeniable. The completed, corner building includes 3 three-bedroom units that are updated and properly maintained with 2 storefront units currently operating. Unfinished building pro forma rent is$9, 000. NOIis$160, 000.Seize this opportunity to diversity your portfolio and capitalize on Providence's real estate market.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$850,000

6
4
4,268 Sq Ft

$850,000

Available: Right Now

Listed: 19/07/2024

153 Sutton St, Providence, Rhode Island, 02903

House
6
4
4,268 Sq Ft

Investor's dream! This 4-unit multi-family home offers a lucrative opportunity in a prime location. Consisting of three cozy one-bedroom units and a spacious three-bedroom unit, all currently occupied, this property ensures steady rental income. Conv...

$849,000

6
3.5
4,186 Sq Ft

$849,000

Available: Right Now

Listed: 21/07/2024

555 Wilbur Ave, Cranston, Rhode Island, 02921

House
6
3.5
4,186 Sq Ft

This grand home in the heart of Western Cranston was designed and custom built by a prominent architect, Thomas Russillo, for the past governor. The home was known as the Governor's Mansion and a gathering place for past presidents and world leaders....

$999,900

6
4.5
3,608 Sq Ft

$999,900

Available: Right Now

Listed: 21/07/2024

22 Selkirk Rd, Cranston, Rhode Island, 02905

House
6
4.5
3,608 Sq Ft

Edgewood/Pawtuxet Village!! Enjoy breath taking views without flood insurance from this spacious 3600sf home, featuring 6 bedrooms, 4 1/2baths and 4 fireplaces. The walk out lower level provides additional living space with 5 finished rooms and 2 ful...

$950,000

6
4
4,064 Sq Ft

$950,000

Available: Right Now

Listed: 21/07/2024

472 Waterman Ave, East Providence, Rhode Island, 02914

House
6
4
4,064 Sq Ft

Great property for owner occupancy!!! This mixed use building is located on the corner of Waterman and Martello Street. Property features two residential 3 bedroom units with front and rear stairwell access with onsite parking. Prop has a new roof an...

$849,000

6
5.5
4,523 Sq Ft

$849,000

Available: Right Now

Listed: 17/07/2024

56 Pleasant View Ave, Smithfield, Rhode Island, 02828

House
6
5.5
4,523 Sq Ft

This unique and grand property offers over3, 000square feet of living space, ideal for both residential and potential commercial use. The property includes six bedrooms and five and a half bathrooms, accommodating large families or offering opportuni...

$849,000

6
4.5
3,648 Sq Ft

$849,000

Available: Right Now

Listed: 21/07/2024

605 Broadway St, Pawtucket, Rhode Island, 02860

House
6
4.5
3,648 Sq Ft

Amazing investment opportunity! How would you like to own a 4-unit property where the first floor is a full-service Restaurant/Bar? And the best part? You can get a low interest rate FHA financing. Second floor and third floor have been fully remodel...

Providence Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Providence, United States averaged $475,835, a decrease of 14.5% from the previous month.
Median price trends for properties for sale in Providence, United States as of June 2024.

Household Income

Median household income: $40,366
Number of households: 62,057
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.