CCertihomes
44 Grape, Providence, RI 02908

$850,000

0 beds 0 baths Built 1910Active

About this home

Impressive 6-unit multi-family property! A prime investment opportunity with excellent rental income! The property includes 4 spacious three-bedroom units and 2 comfortable two-bedroom units, all currently occupied. Each unit features a generous floor plan, providing ample living space for tenants. The home also has plenty of windows which allow lots of natural light into each unit. 10 off-street parking spots offer unmatched convenience for residents, a highly desirable feature in multi-family living. This property is strategically located near major highways and amenities, ensuring easy access to schools, dining, shopping centers, and more. Whether you're looking to expand your investment portfolio or secure a property with steady income, this multi-family home offers great potential!

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
$7,136/mo

Real estate (PITI + HOA + PMI)
$6,010
Principal + interest$3,855
Property tax + insurance$1,836
PMI / 2nd mortgage$319
Utilities
$2,354
Heating + cooling$1,024
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$173
Car insurance + maintenance$173
Other (entertainment)
$140
$7,136/mo TLC
Budget$7,636/mo
Remaining after TLC$500/mo
Purchase price
$850,000
Down payment
$42,500 (5%)
Loan amount
$807,500
APR
4%

Quick facts

Type
Commercial Sale
Style
Year built
1910
Lot size
Stories
0
Heating
Cooling
Water
Connected
HOA
Annual tax
$10,542
MLS #
1359584
County
Providence

Home features

Sewer
Connected

Lot features

Free Standing

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

Open in Google Maps →
RI & State Wide MLS

Listing information last refreshed 5/21/2024. Provided courtesy of the listing office via RI & State Wide MLS. Information deemed reliable but not guaranteed.