241 Pocasset Avenue, Providence, RI 02919

Providence
Local realty services provided by:ERA Key Realty Services
241 Pocasset Avenue,Providence, RI 02919
$1,750,000
Virtual Tour
  • 11 Beds
  • 8 Baths
  • 5,535 sq. ft.
  • Multi-family
  • Active
Listed by: madelynn duarte
Office: innovations realty
MLS#:1409780
Source:RI_STATEWIDE

Price summary

  • Price:$1,750,000
  • Price per sq. ft.:$316.17

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2024
  • Listing ID #:1409780
  • Added:1 day(s) ago
  • Updated:April 11, 2026 at 05:02 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:16
  • Flooring:Vinyl
  • Basement:Yes
  • Basement Description:Finished, Full, Interior Entry
  • Living area:5,535 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Gas
  • Central air:Yes

Structure and exterior

  • Year built:2024
  • Building area:5,535 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Connected, Public
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$1,750,000
  • Price per sq. ft.:$316.17

Features and amenities

  • Amenities:Gas Water Heater

Parking

  • Parking description:No Garage
MLS LogoThe data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than ERA Key Realty Services are marked with the MLS logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2026 State-Wide MLS, Inc. All rights reserved. Date Last Update: April 11, 2026

New listings near 241 Pocasset Avenue