1. Rhode Island
2. Providence
3. 332 Hawkins Street

332 Hawkins Street, Providence, RI 02904

• 5,474 sqft

Property Description

332 Hawkins is a high-income producing, six-unit property generating $10,570/month ($127K annually). Six 3-bedroom, 1-bath units—each with separate electric & gas meters paid by tenants, and no trash removal costs—resulting in low operating expenses. Many units were renovated with updated kitchens, bathrooms, flooring, and appliances. This asset offers both immediate cash flow and significant value-add potential. It’s professionally managed, fully occupied with thoroughly vetted tenants, and has a strong history of high occupancy—making it a stable and profitable investment. Updated plumbing & electrical, common areas redone. Best comparable sale is 29 Blaine St, Providence, which sold for $965k in July 2024. That property had only 2-bedroom units and a lower monthly rent roll of $8,800. Financials available upon request.

Listing Status:

Pending

Date Added:

April 21, 2025 at 05:00AM

Listing Office:

New England Apartment Group : 508-330-0325

MLS ID:

1382972

Interior

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of New England Apartment Group