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William Fooks

pf514@aol.com +1(401) 639-7657

$ 1,100,000

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61 DePasquale AVE Providence, RI 02903

4 Beds

4 Baths

3,507 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,507 sqft

Price per Sqft $313

Subdivision Federal Hill

MLS Listing ID 1402856

Style Stacked

Bedrooms 4

Full Baths 2

Half Baths 2

HOA Y/N No

Abv Grd Liv Area 3,507

Year Built 1900

Annual Tax Amount $20,645

Tax Year 2025

Lot Size 1,350 Sqft

Acres 0.031

Property Sub-Type Multi Family

Property Description

Excellent investment opportunity in the heart of Federal Hill's iconic DePasquale Plaza with excellent rental history. First floor tenant is in year 4 of a five year lease with rental renewal options. The restaurant offers access to an outdoor dining area, where the ambiance of DePasquale Plaza is unmatched, especially in the summer months. The second-floor apartment features an updated eat-in kitchen with stainless steel appliances, a renovated bathroom, in unit laundry, living room, and two generously sized bedrooms. The third-floor apartment offers two-story loft living. The main level includes an updated kitchen and bathroom with laundry, open living area, and one bedroom. The second-level loft serves as a spacious primary bedroom. The young roof and all major mechanical system updated within the past few years make this a turn-key mixed-use investment in one of Providence's most vibrant and high-demand locations.

Location

State RI

County Providence

Community Federal Hill

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Forced Air, Gas

Cooling Central Air

Flooring Ceramic Tile, Hardwood

Fireplace No

Appliance Gas Water Heater

Laundry In Unit

Exterior

Community Features Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping

Utilities Available Sewer Connected

Garage No

Building

Foundation Combination, Stone

Sewer Connected, Public Sewer

Water Connected, Public

Architectural Style Stacked

Structure Type Other

New Construction No

Others

Senior Community No

Tax ID 61DEPASQUALEAVPROV

Virtual Tour https://tour.RiLiving.com/61-DePasquale-Avenue-Providence-RI-02903

Listed by Churchill & Banks Co., LLC