Description
Attention all Investors and Buyers seeking to maximize cash flow! 114 Jenkins is located on the first floor and is a lovely, traditional year-long rental space that includes 3 bedrooms and 1 bathroom. 116 Jenkins comprises the second and third floor offering 6 bedrooms and 2.5 bathrooms and is configured for co-living with multiple occupants under one master lease. Additional income is generated from the coin operated laundry room and ample parking area (2 spaces adjacent to the building and 4 deeded spaces that convey located in a nearby parking area). Both units are turnkey and the entire building has been impeccably maintained. Both units have current lead-safe certificates. Close to RISD, Brown and Miriam Hospital as well as shops, cafes and Whole Foods. Rock solid Cap Rate of 7% and over $90,000 in annual gross rental income makes this charming duplex a great addition to any savvy investor's portfolio.
Listing Office: Residential Properties Ltd.
Attribution contact: 401-864-3700
Location
Listed By
Listing Agent
Christopher Rowley
Residential Properties Ltd.
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