Rhode Island
Providence
65 Russo Street

$660,000

65 Russo Street, Providence, RI 02904

Commercial Property
Built in 1910
4,356sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Welcome to 65 Russo Street, a prime investment opportunity in a high-demand rental area. This fully occupied 6-unit residential building features all 2-bedroom, 1-bathroom units, generating over $8,000 in monthly rental income with solid long-term tenants in place. The property offers immediate cash flow and significant upside potential through value-add improvements and rental rate increases. Additionally, there is an exclusive opportunity to purchase an adjacent vacant lot—ideal for future development or added amenities (inquire for more details). Whether you're looking to expand your portfolio or enter a stable rental market with growth potential, 65 Russo Street checks all the boxes. Don't miss this chance to acquire a performing asset with room to scale. Can also be sold as a package with 21 Russo St.

Listing Status:: Active
Date Added:: May 15, 2025 at 05:00AM
Listing Office:: Keller Williams Leading Edge : 401-333-4900
MLS ID:: 1385151

Basement: Full
A/C: None
Heating: Hot Water

This listing courtesy of Keller Williams Leading Edge

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Veazie Street School

211 Veazie St, Providence, RI, 02904

Grades KG-5

0.69 miles away

Esek Hopkins Middle School

480 Charles St, Providence, RI, 02904

Grades 6-8

0.36 miles away

E-Cubed Academy

812 Branch Ave, Providence, RI, 02904

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.