
Description
Located in Fox Point on the East Side, this 3-unit property includes two 3 bed/1 bath units on the first and second floors, and a 4 bed/1 bath unit on the top floor. All units have been renovated and boast hardwood floors, updated kitchens with stainless steel appliances, and modern bathrooms with marble tile and updated plumbing. The driveway allows for 2-3 cars and the garage offers one spot and plenty of space for storage. All units are leased through 5/31/26, lining up with the prime rental cycle. The property brings in $9,400/month in rental income with a 6.57% cap rate. Bonus potential for an ADU in the basement or garage. P&L available upon request.
-
10BEDS
-
0.1ACRES
-
3BATHS
-
01/2 BATHS
-
4,074SQFT
-
$331$/SQFT
School Ratings & Info
Description
Located in Fox Point on the East Side, this 3-unit property includes two 3 bed/1 bath units on the first and second floors, and a 4 bed/1 bath unit on the top floor. All units have been renovated and boast hardwood floors, updated kitchens with stainless steel appliances, and modern bathrooms with marble tile and updated plumbing. The driveway allows for 2-3 cars and the garage offers one spot and plenty of space for storage. All units are leased through 5/31/26, lining up with the prime rental cycle. The property brings in $9,400/month in rental income with a 6.57% cap rate. Bonus potential for an ADU in the basement or garage. P&L available upon request.
![[Rhode Island Statewide MLS] logo](https://static.boomtownroi.com/content/photos/rhodeisland/idx/idx-large.gif)
© 2025 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than The Lavonne Lopes Group | Keller Williams Coastal are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lavonne Lopes Group | Keller Williams Coastal. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-06-21T16:37:38.92.