CCertihomes
547 Chalkstone Avenue, Providence, RI 02908

$2,900,000

0 beds 0 baths Built 2023Active

About this home

This 12-unit brand new construction building for sale presents a lucrative opportunity for savvy investors. With modern amenities, sleek finishes, and a convenient location, this property is poised to attract high-quality tenants and generate substantial rental income. With easy access to Interstate 95 and Route 146, bus and train transportation, shopping, and dining options, this investment property offers both convenience and potential for long-term growth. The building's contemporary design and solid construction make it an attractive asset with low maintenance costs. Investors can seize the opportunity to diversify their portfolio and secure consistent returns with this turnkey residential building that combines quality craftsmanship and strategic location. There is potential for more units. Assessment and taxes listed are for land only, new assessment and taxes to be determined. Finishes and design may vary from photographs and sketches and are for reference only not actual.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$20,076/mo

Real estate (PITI + HOA + PMI)
$17,713
Principal + interest$13,153
Property tax + insurance$3,472
PMI / 2nd mortgage$1,088
Utilities
$6,366
Heating + cooling$3,030
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$173
Car insurance + maintenance$173
Other (entertainment)
$140
$20,076/mo TLC
Budget$20,576/mo
Remaining after TLC$500/mo
Purchase price
$2,900,000
Down payment
$145,000 (5%)
Loan amount
$2,755,000
APR
4%

Quick facts

Type
COM
Style
Year built
2023
Lot size
0.09 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$2,478
MLS #
73236340
County
Providence

Neighborhood — 02908

MetricThis ZIPCountyUSA
Population36,7081,095,423299,088,112
Population Change Since199013.00%9.00%20.00%
Population Density11,648994
Male17,308529,266147,432,321
Female19,400566,157151,655,844
Never Married12,660266,40463,775,926
Married9,706435,678123,120,365
Separated2,57743,64212,639,686
Widowed1,88566,66815,467,586
Divorced2,48883,84323,075,029
Number Of House Hold12,803410,399111,826,380
Average House Hold Size2.582.562.60
Medial Age28.4837.2735.46
Median House Hold Income$34,818$47,553$48,276
Average House Hold Income$50,795$61,609$63,629
P C I$19,265$23,965$24,529
M D I$30,789$40,634$41,133
A T H E$43,773$49,940$50,898
S T R7.00%7.00%
W C J85.00%78.02%77.74%
(Zip) Code
2908

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 5/11/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.