332 Hawkins St Providence, RI 02904
Charles NeighborhoodEstimated payment $6,975/month
Highlights
- Golf Course Community
- Tennis Courts
- Shops
- Wood Flooring
- Public Transportation
- Property near a hospital
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,081
Year Built
- Built in 1914
Parking
- No Garage
Home Design
- Vinyl Siding
Interior Spaces
- 5,474 Sq Ft Home
- 3-Story Property
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 18 Bedrooms
- 6 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Additional Features
- 3,200 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 218
- Assessor Parcel Number 332HAWKINSSTPROV
Community Details
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Additional Features
- 4 Units
- Operating Expense $38,543
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/21/2025 04/21/25 | For Sale | $935,000 | -- | $171 / Sq Ft |
Source: State-Wide MLS
MLS Number: 1382968
