New Listing - 12/03/2025
60 Purchase Street, East Providence, RI, 02914
15 rooms
9 beds
3 Full baths
1900
Discover this exceptional 3 Family Home, perfectly situated just a mile from East Side of Providence and within close proximity to prestigious institutions such as Brown University, Providence College, RI College, and major medical facilities, enhancing the appeal for healthcare professionals and students alike. . This property has three bedrooms on each floor and additional income exists with a finished basement that could be incorporated into the first-floor apartment with separate laundry area with coin operated washer dryer that brings in additional income of 300-500/monthly which significantly increasing rental revenue. There are 9 off street parking areas in addition to the 3bay garage that offers further income potential, with an estimated rental income of $300 per month for each bay or 4 compact cars for an additional $300, making it an attractive opportunity perfect for collectors. This showroom garage has electric/heat/cable/ alarm, tiled floor, and power doors. Above the garage, there are three unfinished rooms that present an opportunity for renovation, increasing the property's value and rental income. This property is a rare find with immense potential for growth and profitability. Whether you're looking to expand your investment portfolio or seeking a residence that can generate income, this 3 family is a fantastic opportunity!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Common Area
Units:
3
Zoning:
R6
Garage:
3-car Detached, Garage
Heating:
Gas, Other, Steam
Cooling:
None
Basement:
Exterior Entry, Full, Interior Entry, Partially Finished
Parking:
12-car
Acreage:
0.11
Est. Taxes:
$5,200
Assessment
$517,500
Construction
Plaster,Wood Siding,Vinyl Siding
Utilities
Sewer Connected
Lot Description:
Corner Lot
Amenities:
Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant
Appliances:
Dryer, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
MLS #:
1400724
Community Info
School Info
Walk Score
Mass Transit
Yelp
Similar Properties
New or Coming Soon Properties
Copyright ©2025 State-Wide MLS, Inc. All rights reserved.
Listing courtesy of Lamacchia Realty, Inc. 401-437-2030