Description
Introducing an exquisite historical gem located at 17 Thayer St, a four-unit investment nestled within the heart of the College Hill Historic District. This Italianate 19th-century Greek Revival showcases periodic details from 1837, blending timeless elegance with modern amenities. This property offers not only a backyard space but also eight parking spaces a true rarity. Property is fully fire alarmed, each unit has its own separate gas and electric utilities. Inside, the interiors exude opulence with their stone and marble fireplaces, wide pine hardwood floors, and luxurious vinyl flooring. High ceilings and beautiful skylights create an airy ambiance. The location couldn't be more ideal, steps away from Brown University, RISD, downtown Providence, plus the new Providence pedestrian bridge. Generating an impressive NOI of $110k annually, it's an investor's delight, fully rented out until May 2024. Capitalize on the opportunity to own an asset that has not been on the market for a quarter of a century.
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15BEDS
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0.12ACRES
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8BATHS
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11/2 BATHS
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5,879SQFT
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$374$/SQFT
School Ratings & Info
Description
Introducing an exquisite historical gem located at 17 Thayer St, a four-unit investment nestled within the heart of the College Hill Historic District. This Italianate 19th-century Greek Revival showcases periodic details from 1837, blending timeless elegance with modern amenities. This property offers not only a backyard space but also eight parking spaces a true rarity. Property is fully fire alarmed, each unit has its own separate gas and electric utilities. Inside, the interiors exude opulence with their stone and marble fireplaces, wide pine hardwood floors, and luxurious vinyl flooring. High ceilings and beautiful skylights create an airy ambiance. The location couldn't be more ideal, steps away from Brown University, RISD, downtown Providence, plus the new Providence pedestrian bridge. Generating an impressive NOI of $110k annually, it's an investor's delight, fully rented out until May 2024. Capitalize on the opportunity to own an asset that has not been on the market for a quarter of a century.
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