$1,500,000

About this home

Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income. Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2—dramatically boosting early returns and investor ROI. Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial advantages and long-term appreciation potential.

Property facts

Property type

Multi Family

Year built

2024

Lot size (acres)

0.058

Total rooms

16

Garage spaces

0

Total parking

0

Annual taxes

$0

Tax year

2025

County

Providence

Features

Heating

Natural Gas, Central Air

Cooling

Central Air

Basement

Full, Interior Only, Finished

Appliances

Gas Water Heater

Parking

No Garage

Construction

Vinyl Siding

Utilities

Sewer Connected, Water Connected

Water

Public

Location