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listing
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MultifamilyFor Sale
$935,000
332 Hawkins Street
Providence, RI 02904
Courtesy of New England Apartment Group
MLS: RI State-Wide MLS
18Beds
6Baths
5,474Sq Ft
Est. Mortgage
$4,926/mo

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.

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Information courtesy of New England Apartment Group is subject to verification and is not guaranteed.
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