56 Warrington Street, Providence, RI 02907

Property Description

Exceptional income-producing 3-family investment opportunity with strong rental income, extensive updates, and pride of ownership throughout. This well-maintained property offers the perfect blend of cash flow, major capital improvements, and exceptional care. Featuring two spacious 4-bedroom, 1-bath units and an upper-level unit offering flexible living space currently configured and utilized as a 3-bedroom layout, each apartment has been thoughtfully updated and meticulously maintained. The first-floor unit underwent a complete renovation in 2022, including a new kitchen, bathroom, flooring, and finishes. The additional units have also been updated and remain in excellent condition. Recent exterior improvements include a brand-new roof and brand-new vinyl siding, providing added value and peace of mind for years to come. Currently occupied by reliable tenants who take exceptional care of their homes, this property generates strong rental income and offers immediate cash flow potential for investors. Owner-occupants will also appreciate the opportunity to offset housing expenses with rental income from the additional units. Additional features include basement laundry hookups and ample storage space. Whether you're looking to expand your portfolio or secure a multifamily property with strong income and major capital improvements already completed, this is an opportunity you won't want to miss.